No, they would not. The issue of baptism is in relation to how the paedo understands the nature of the New Covenant. Children born into a house with a set of believing parents baptize their children to identify them with partaking in the NC. Obviously, there will be paedos who will help clarify what I am saying, but the issue basically boils down to how one understands the NC in relation to the OC. Circumcision was the outward sign of participating in the OC, baptism in like manner, is the sign of the New. In both cases, infants receive that sign.

Fred
Staunch Water Baptized Dunkard

"Ah, sitting - the great leveler of men. From the mightest of pharaohs to the lowest of peasants, who doesn't enjoy a good sit?" M. Burns