Hi Jambunathan,
Good question, the answer is yes.
As of Org-mode 7.0 Babel has been part of Org and transitively part of
Emacs. If you checkout the head of the Emacs development branch you
will notice a host of /lisp/org/ob-* files.
It should appear in your core Emacs with the next release (24)
Is babel part of official emacs distribution? If not when is it likely
to be blessed?
Curiously yours,
Jambunathan K.
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