Matt Cutts did some great research on how the index meta tag is handled between search engines. I summarise his results in this article.
What am I talking about? The Robots meta tag looks like this:
meta name="robots" content="noindex, nofollow"
When the content is set to noindex, nofollow the search crawler should not index or follow any links on the page.
Matt's results found the following for a page that contained the above tag.
The above results of Matt's test imply that you may need to use more than just a meta tag to remove pages from Yahoo and MSN.