Yes, she had a baby with hubby and AVP star Casey Jennings on May 22nd. [See announcement on my blog, "Congratulations!", May 23, 2009.]
But you wouldn't know it by looking at her body!

She says her ideal weight is 155 on a 6'3" frame.
Walsh will team with Rachel Wacholder, who also gave birth to a son, Koa, in April. AVP star Sean Scott is the hubby and proud father.
And if we're lucky, we'll see Wacholder & Walsh on NBC Saturday at 3:30 (CST) in the championship match!

FYI: Misty May-Treanor, Walsh's former teammate, is still sitting out. She has recovered from a torn tendon in a failed attempt at "Dancing with the Stars" (see blog "Trick or Treat Wednesday #2", October 7, 2008), and she says she and husband Matt are taking time off "to focus on having a family."
"Dear Misty, It doesn't work that way..."
Matt Treanor, by the way, plays for the Detroit Tigers and is on the disabled list, recovering from hip surgery.
So tune in to NBC tomorrow at 3:30 p.m.!
(Men's finals are on Sunday at 3:30 p.m.)
LATE NIGHT UPDATE: Wacholder & Walsh fell late in the day to Jennifer Boss Kessy and April Ross, AVP's #2 team. Their chances of making it into the finals will be through the Contender's Bracket, unfamilar territory for Kerri Walsh.

Kessy and Ross will play the #1 team of Nicole Branagh & Elaine Youngs tomorrow morning in the semi-finals.
I'll be rooting for Kessy and Ross. This will give Wacholder & Walsh a chance for revenge!
Regardless the outcome, the good news is... Kerri Walsh is back!