Oh, happy day! After months of feuding, Rosie O'Donnell and Elisabeth Hasselbeck are friends again:

O'Donnell threatened never to speak to Hasselbeck again after they had a heated argument on the hit TV show "The View."

But the comedienne has had a change of heart since leaving the talk show last year and has bought Hasselbeck's two-month-old son Taylor Thomas a present to show there are no hard feelings.

O'Donnell tells People.com, "He's very, very cute. I saw him on TV, and I sent him a lovely gift, and we (she and Hasselbeck) have been e-mailing each other. And peace prevails."

Could little Taylor Thomas be the second coming?