Peep is a collection of solidly made modernist kids furniture "for hip toddlers and their cool parents" from Kapow Design, an Oregon-based fine woodworking concern. Although it looks like it could pack flat and knock together pretty easily, Kapow says there's no assembly required. So watch for some big boxes coming your way.
In addition to Peep, Kapow created a beautiful-if-intimidating bed out of polyethylene and bookended-grain walnut slabs for Bjork and her baby daddy, the artist Matthew Barney. If it were anyone else, I'd think that plug is just a little TMI, but considering Barney's work--he made a 5-part epic film named after the muscle that retracts the testicles when it's cold out--I didn't even blink.
Email Kapow Design for info on Peep; they're too cool right now for retail [kapowdesign, via gawker and Christy]
Matthew Barney's The Cremaster Cycle [cremaster.net]