The LATimes Unleashed blog had photos of two baby meerkats named Zanzibar and Nairobi, born January 23rd at Sydney's Taronga Zoo:

(there are more photos at their post.)
The Telegraph quotes keeper Bobby-Jo Vial: "They're already eating solid foods and displaying behaviours similar to adults. They're very precocious."
The Sydney Morning Herald story includes this photo from Reuters:

Video from the BBC and NTDTV.
Edit: For some unfathomable reason, the BBC locked their video away, but there's one from the Guardian here: http://www.guardian.co.uk/world/video/2009/feb/20/baby-meerkats-australia
(there are more photos at their post.)
The Telegraph quotes keeper Bobby-Jo Vial: "They're already eating solid foods and displaying behaviours similar to adults. They're very precocious."
The Sydney Morning Herald story includes this photo from Reuters:
Video from the BBC and NTDTV.
Edit: For some unfathomable reason, the BBC locked their video away, but there's one from the Guardian here: http://www.guardian.co.uk/world/video/2009/feb/20/baby-meerkats-australia