Do I think this will happen? It's very possible. The WWE has obviously started a feud between Jerry Lawler and Michael Cole and Cole has been learning how to take bumps. The only reason I can think of for this is because eventually, we'll see Cole vs. Lawler. Whether or not it's at WrestleMania is anyone's guess. I do agree with some posters that this could be used as a buffer, but I also hope that should this match actually take place, the Raw GM (Cole) will FINALLY reveal themselves.
Do I want it to happen? Yes, but not for the reasons you may think. While it would be nice to see Cole put on his ass, the reason I would like to see this match is so the feud between Cole and Lawler will finally be over. Yeah, it's been fun, but, if it goes on for too long, it could get extremely annoying.
How should it happen? I can see some accidental contact being made between Lawler and Cole and the Raw GM firing Lawler over it. From there, Lawler can come back at Elimination Chamber and challenge Cole to a match at WrestleMania. Cole would refuse, but the Raw GM would make the match (possibly No DQ). I can't see any other way to do this other than a flat out challenge made by Lawler.