In a word, no.
He is consistent, works very hard and has a great left foot. But if I were to be critical of him I'd say he needs to toughen up, and his defensive abilities are sometimes shown to be frail against good opposition.
But he is a very good player and we're lucky to have him. In terms of comparing his ability in his position, to other players' abilities in their respective position... I'd say we have Fellaini, Howard, Jagielka, Heitinga (at CB), Arteta, Peinaar and possibly Cahill and Yak (when on form, which isn't consistent) who I'd rate as better than Baines.