Yes! He's coming out of retirement!.....No not really, although he might retired from playing, he still has a passion for the game. Sometime in the near future, Brett might come back to coach or do TV analysis according to several sources.
I for one could not be happier to hear this news. When Brett retired (for real) i felt like the NFL was loosing something huge. One of it's longest staples was leaving, but him coming back to coach would please a lot of fans. Even if you hated the team Favre played on, you cant hate him as a player. I wish him luck in whatever direction he goes.