Not at all. I point out that the foreign born children of citizens have always required a naturalization act.
The act in force at the time of birth controls. The status conferred by the act in force in 1970 is “citizen”.
What conservative judges and justices who care about “original intent” have gleaned from the Naturalization Act of 1790 is that the children of citizens born outside the jurisdiction of the United States are natural born citizens and they are therefore exempted from needing naturalzation.
Now if there were real life examples of persons who were born overseas to American citizen parents and were official nationalized (issued a Certificate of Naturalzation) that would be a different story.
Here’s a link to the current rules on who is a Citizen at birth and who is a naturalized citizen, if born overeas.
http://www.uscis.gov/us-citizenship/citizenship-through-parents