To play devil's advocate a little here . . .
With 2 preschoolers and a newborn, it is likely that your friend is feeling a lot of tension trying to meet the needs and demands of each kid. I can just picture the older children begging to be outside, the newborn needing to be feed, dinner needing to be prepared, and hubby not home from work yet. This may or may not be the story, but I know it is a regular scene in my home!
That said, what your friend may be looking for is a little escape or help once in a while! No, that doesn't mean she should just dump her kids on you (especially without communicating with you first), but why not talk with her frankly and see how she's doing with the recent family changes?
Perhaps if she is swamped and you wouldn't mind, you could offer to watch the older kids outside (your son is playing anyway) for a set period of time (i.e. 1 hr) once or twice a week so she can get dinner ready, have a few minutes with the baby or her husband, etc. By setting up expectations, it's easier to send the kids home while staying outside. (i.e. "I'd be glad to watch the older kids for an hour while you ____, but then we love to have some family time each night - just us.")
In the meantime, take it as a compliment that she trusts you with her precious children, and that her kids enjoy playing with your son! But have an open, honest talk soon!