Is michael cole a babyface now?

No. Michael Cole is currently not babyface, he remains a heel today because on Smackdown yesterday he was still rooting for the heels, giving praise to heel superstars such as Sheamus, Cody Rhodes, The Corre etc. Also he trashed talked the babyfaces such as Daniel Bryan, Ezekiel Jackson, Christian & Sin Cara. Booker T as well, if you count the commentary. So even though he made amends with Jerry "The King" Lawler on Raw, Michael Cole's current heel persona is still going on and remains to be written off.