That's the question Alyson Footer speculates on in her blog post tonight.
I'm assuming Bagwell will be welcomed back by the front office if he does want to continue coaching, but at this point, I'd say the odds of him wanting to return are 50-50. He's enjoying the experience and is making a difference with both the young and veteran hitters, but the decision will be based on whether he can stand to be away from his kids. Right now, he can't.