I know hes just turned, but personally I think it's just a heel turn to set up his loss to The Rock at RR. After Wrestlemania time, I reckon Punk will transition back into a babyface role for around one of the top summer storylines. Punk is way too popular to be a heel, and WWE will switch him back once he is done with The Rock.
Hmm, I think that he'll be heel well into next year. I have a feeling that they are gonna move him to SD to feud with Sheamus.
I really don't think that WWE will do that "move to smackdown" thing anymore.. I highly doubt that we will no longer see CM Punk on raw.. that makes no sense..
the brand split seems to have run its course and you see what was originally Raw supertars/SMackdown superstars on both shows..
even AJ seems to be making decisions on the world heavyweight title.
CM Punk will be heel for a while, they are probably afraid of CM Punk taking the spotlight away from Cena.. so as long as Cena is a around, and WWE wants to be all kid friendly, CM Punk will be a bad guy :-(
I think CM Punk is going to be a heel for a long while because I hope they do a Dangerous Alliance type stable with Paul Heyman as the manager with CM Punk, Brock Leasner, and 2 or three other young guys maybe Ziggler and someone else like they had back in the old WCW days.