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Eight months after their on-air, headline-making fight, it seems that "The View"'s ELISABETH HASSELBECK and her former co-host ROSIE O'DONNELL have let bygones be bygones -- with Rosie even buying Elisabeth a baby gift, according to People.

"He's very, very cute," Rosie said of Elisabeth's two-month-old son TAYLOR. "I saw him on TV, and I sent him a lovely gift, and [she and Elisabeth] have been e-mailing each other. And peace prevails."

Rosie said she got a lot of clothes for Taylor, "because babies spit up a lot," and a tea set for his older sister GRACE, "because, as the mother of four, I know that when the newborn arrives, the most important thing is a sibling gift."

Rosie even went on to say how great Elisabeth looks after giving birth just two months ago. "She looks like she adopted, like she didn't give birth," she said. "She looks perfectly fit and gorgeous already."