Is the Blue Fairy aware of our world?

I know that there’s been a lot of discussion if whether Mother Superior remembers fairytale land but since I’ve been wondering the opposite since I watched if the Blue Fairy is aware of our world? I’m referring to the scene where Baelfire summoned “Reul Ghorm” who is actually the Blue Fairy. Baelfire asked if there was a way to remove his father’s powers without it transferring to someone else or killing him and she gave him the magic bean (which was a nice shout out to Jack and the Bean stalk) that will take him and Rumpel to a world without magic.

My question is, how aware is Blue Fairy of our world in fairytale land? She didn’t specify that place (although, most likely, she was talking about our world) . If that is the case, is Earth considered as another realm in fairytale land?