Holly Madison figures her friend Kendra Wilkinson is going to be busy with a new baby, so she’s taking it upon herself to help with the shopping – a lot of shopping.

“I’m out buying presents for little Hank today,” she told PEOPLE on Friday at the “Holly Jolly Christmas Toy Drive” in Las Vegas to benefit Toys For Tots and The Salvation Army.

Among the gifts for Hank Baskett IV in the overflowing cart: Christmas onesies, a football-shaped piggy bank, a Nerf football and a football piggy bank.

“I think its very fitting to get him football stuff,” she said, referring to Wilkinson’s husband, Hank Baskett, an NFL player for the Indianapolis Colts. “And I got him the cutest baby Christmas shoes and Santa hat ever. He’ll be all outfitted for his first holiday.”

Madison, who hasn’t yet spoken to her former Girls Next Door costar since the birth, said she’s more than willing to take on babysitting duties when the couple comes to her home in Las Vegas. “I will totally watch the baby,” she says. “I would love to.”

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Look what Kendra Wilkinson found under the tree this year!

The E! star and her NFL-player hubby Hank Baskett welcomed their first child together, son Hank Baskett IV, at 12:37 a.m. Friday in Indianapolis.

The wee one was delivered via C-section, weighing a robust 9 pounds, 5 ounces. (He is a football player’s son, after all.)

“We’re happy and healthy and enjoying every second with little Hank,” the proud parents exclusively tell E! News.

Hank, 27, and Kendra, 24, swapped vows in June in a glamorous ceremony at the Playboy Mansion, where the bride called home for four years—and where she met Hank (at the Playboy Scramble) in 2008.

Two of Kendra’s bridesmaids and former Girls Next Door costars, big spender Bridget Marquardt and Peep Show star Holly Madison, have also been eagerly awaiting the arrival of their pal’s little boy.

“I can’t wait to meet little Hank!” Holly told E!. “I am so excited for Kendra and Hank. They are going to have the best holiday ever!”

“This is what I call a Christmas gift that will keep on giving (and taking…lol)!!!” Bridget said in an email to E! News. “I wish both of them and little Hank Jr. a lifetime of joy and happiness! The only things I wonder…Can I help plan the birthday parties and how will they top this gift next Christmas???”

Added Kendra’s other onetime roommate, Hugh Hefner: “I send my love to Kendra, Hank and the baby on this memorable day.”

And they’ll take it.

After Hank was picked up by the Indianapolis Colts, the couple and their two dogs, Rascal and Martini, relocated from Philadelphia and are now living in the same gated community as Indiana Pacers star Jermaine O’Neal, though they plan on house-hunting in L.A. so that they can live there in the off-season.

“I never in my wildest dreams thought that little Hank would be born in Indianapolis,” Kendra told the Indianapolis Star.

“People come up to me, but it’s very different,” she said of living in the decidedly low-key (lower than L.A., at least) capital city. “They’re not all up in my grill. They’re very caring. Everybody’s been so helpful.”

Not that living in a town full of kind strangers has changed the former Playmate’s ribald sense of humor.

“I told Hank, ‘Do you know what you’re getting in your stocking this Christmas?’” she joked. “Not coal—well a little bit of that—but condoms. A whole lot of condoms. I want a little girl. In a couple of years.”

— E! News

Kendra Wilkinson can’t wait for the arrival of her son with Hank Baskett this month. Exclusively in the new issue of OK!, Kendra shares all of her last-minute baby details and how she is preparing for little Hank’s arrival!

How is it being pregnant on TV?
At first I was a little nervous; this is my first time being pregnant, so everything is new for me. I was worried about going through a lot of “firsts” on camera. But it has been great! I think a lot of people out there can relate to going through pregnancy for the first time.

How are you getting ready?
Now that we’ve moved into the new house and the nursery is ready, we are just taking it easy and relaxing. We want to make sure everything is peaceful and calm for when he arrives.

How will your dogs react?
It will be interesting introducing little Hank to Rascal and Martini! They have been my babies for so long that it will be fun to see how they interact.

Holly Madison first strutted into the spotlight as the number one girlfriend of Hugh Hefner and star of the “Girls Next Door,” but since packing away her Playboy bunny ears for the sights of Sin City, she’s not bothering to watch the new season of the E! series which features Hef’s new leading ladies Crystal Harris and the Shannon twins.

“I had a great time with Hef and the girls when they came to see ‘Peepshow’ and hang out in Vegas. I don’t watch the other episodes though, because it kind of makes me mad,” Madison told Tarts. “The girls need to focus on what makes them unique and not doing the same things Bridget, Kendra and I have already done on the show. Even camping in the backyard was an idea I had for an episode that we never got around to shooting. And guess what they just showed? The girls camping in the backyard. I don’t want to look behind, I want to look forward.”

Ouch.

(However according to Nielson data, the show featuring the new ladies is totally killing it and was the most-watched season premiere in the show’s history, with 2.4 million viewers.)

But back to the subject of moving forward, Madison is filming her very own reality show which will give the world a glimpse into her life as a Vegas showgirl and a “major life project nobody would expect her to do.” The buxom blonde is also busy bearing those infamous boobs six nights a week in her ongoing burlesque “Peep Show.”

“The ‘toplessness’ is worked into the show very tastefully and I was very controlling about when and how long I would be topless,” Madison explained. “Not because I am shy about nudity at all, but because I feel there is an effective way to do a burlesque show and then there is a sloppy way. I’m very inspired by Dita Von Teese and people who do it really well. Hef really liked the show, but I knew he would. He loves burlesque and the girls in the show are really beautiful. There are contemporary pop songs in the show, but a lot of old school style, too. The Red Riding Hood number reminds me so much of the sexy Red Riding hood Tex Avery cartoons from the 40′s that Hef loves.”

And it seems the 29-year-old couldn’t be happier being known as Holly Madison rather than a girl of the Playboy Mansion.

“The biggest challenge I have had to face is sticking by who I am and what I want to do. There have been a lot of people trying to push me in different directions, but I had to stay true to my vision of what I wanted to do and how I wanted to brand myself as an entertainer,” she added. “I can’t be another LA reality show girl. There are too many people doing the same thing in that city.”

Yes, Holly Madison is taking over Las Vegas. With her numerous shows there everyday, it seems like the Girls Next Door star just doesn’t want to leave. Conversely, this reality TV celebrity actually wants to lead. She expressed her ambition on an interview with the Toronto Star recently, joking around and revealing her career goals.

The 29-year-old Playboy model announced that she could probably delve into politics. “I want to be the Mayor of Las Vegas,” she announced. “I’d be really good at it.”

After you pick up that jaw of yours from the floor, let’s put things into perspective. It definitely is a surreal statement coming from someone who bared her body as she graced the pages of a men’s magazine. But even then, she was already the cause of many jaws dropping.

Right now, however, Holly Madison is focusing her efforts on Peepshow and is just appearing on several shows in Las Vegas, such as the upcoming Hollyween. Sometimes she just hangs around with her former co-stars on The Girls Next Door. Why? Well, she has a very, very flexible schedule thanks to Peepshow.

“It only takes three hours off my day and I’m free to do whatever I want,” Madison declared.

With so much time in her hands, the reality star has harbored many dreams. There’s one part she’s hoping to play, but with her luck she’ll probably get to do it in the near future.

“I want to be The Green Fairy in a stage version of Moulin Rouge, only I’d add all kinds of burlesque numbers,” she exclaimed.

Still, that doesn’t mean she’s leaving her political aspirations behind. Even though she hasn’t started running for mayor, Holly Madison already has a campaign slogan for herself: “Less traffic, more fun.”

Whether she’s serious or not remains questionable, but it’d still be quite a shock to have Hugh Hefner’s former No. 1 girlfriend running a whole city.

In an interview given exclusively to PopEater, Kendra Wilkinson and her husband, NFL star Hank Baskett speak with In Touch Weekly about the highly anticipated arrival of son Henry Baskett IV.

As a Playboy model, Wilkinson was used to being ogled for her body. But now, seven months pregnant with a protruding belly, the former ‘Girls Next Door’ star has an understanding of what it means to feel beautiful on the inside, too. “The reason I feel so beautiful is not because of my looks, it’s because of my bond with the baby.”
How much weight have you gained so far? “I have gained 40 pounds. I still have a month-and-a-half to go. I was 110 or 115 and now weigh 150.”

How do you feel about the weight gain?
“There are things I love about it. I love that my hips are growing, even though it hurts. I want that butt and am starting to get it, so I’m excited.”

What have you been craving?
“I’ve been eating a lot of breakfast – eggs, bacon and cheese sandwiches with wheat toast, a lot of waffles with peanut butter. Peanut butter is my biggest craving. I actually put bananas and syrup all over it, too. Even though I don’t usually eat much meat, I’ve been eating a lot of ribs with barbecue sauce and steak. Also, my craving for chocolate came back. I never ate it before because it gave me migraines.”

What kind of dad will Hank be?
“The best role model in the whole world! I am so happy we’re having a boy first because I am excited to see the relationship between little Hank and Hank. I want him to be himself, but also have the same characteristics as Hank.”

Has it changed your sex life?
“Yes, it’s changed our sex life — for the worse [laughs]. I am a wild girl in bed and I can’t really be that wild anymore because I have limits now. I have 40 extra pounds in my belly, so I get tired easily. But no, of course, it’s still great. I have a great man in bed, he definitely knows how to please me. But, yeah, we’ll be better after when we have more energy!”

Do you feel prettier pregnant?
“I have never felt this beautiful! The one thing I love about being pregnant is my skin, I used to have the worst acne. My whole life it’s been horrible – on the ‘Girls Next Door,’ it was disgusting. This is the best skin that I have ever had in my life!”

What’s the best thing about being pregnant? “The greatest thing is probably just feeling like a queen. Everybody does everything for me. And Hank is always just giving me unconditional love – that different type of love that I’ve never felt before.”

E! Entertainment cameras arrived on the Strip last night and began filming “scene set shots by dark” in advance of four days of shooting the first episode of Holly Madison’s new reality TV show this morning. I can reveal that two days — tomorrow and Thursday — will be spent downtown at City Hall in the company of our merry mayor of mirth, Oscar Goodman.

Holly, in Mary Tyler Moore comedy style, has her eyes on becoming an intern at City Hall to learn about the politics of Las Vegas. But that’s a ruse, because she admits that she might even run for mayor now that Oscar is termed out and seriously contemplating a run for governor as an Independent. Holly as mayor wouldn’t be a first for our city because one-time car dealer Jan Jones had the job for two terms back in the 1990s, but it sure would be a first for a continuing reality TV series!

Contrary to buzz circulating, Holly is not the secret winner of the new reality TV show Face of Vegas that wrapped its four-week filming schedule here over the weekend with Vanessa Minnillo, Carson Kressley and Howard Stern’s wife Beth Ostrosky. However, Holly was seen in last night’s season premiere of ex-boyfriend Hugh Hefner’s The Girls Next Door on E! Part 2 airs tonight and shows Hef’s new gal pals the Shannon twins (Karissa and Kristina) tricked into a crazy adventure among the wax statues at Madame Tussauds in The Venetian.

To read the remainder of this story, go to VegasDeLuxe.com

Although new wifey and mom-to-be Kendra Wilkinson is settling into her new life in Indianapolis, her heart is back in Hollywood. But not necessarily at the Playboy Mansion.

The one-time Girl Next Door tells E! News that she’s planning on moving back to California sometime in February and buying her own house in L.A.

“It’s such a tease, because I want to be settled,” says Kendra, who moved to Indianapolis with footballer hubby Hank Baskett after he was dropped by the Eagles and picked up by the Colts.

“But I have to stay strong for Hank,” she tells E! News. “It’s his job. It was really hard on him when the Eagles released him. I’m here to be his backbone, and though it’s hard on me, I didn’t want to make it hard on him.”

One thing making the transition easier?

Her hubby’s new teammates have welcomed her into their group. The sports fan is even attending a ladies’ lunch at Peyton Manning’s house on Wednesday.

“They’ve all been very sweet so far,” says Kendra. “My first game was two weeks ago, and they were all really, really nice.”

And the lack of paps in Indy doesn’t hurt either. In fact, the blond babe says she’s prepping to fend off photogs when she returns to L.A. with her little boy, due in December.

“Consider me a mama grizzly bear,” says Kendra. “I’m definitely not going to put up with TMZ s–t at all. If I’m trying to get somewhere and I have my baby, trust me, I will attack.”