That may be current law, however you have to go by the law at the time of his birth which was this :
Birth Abroad to One Citizen and One Alien Parent in Wedlock: A child born abroad to one U.S. citizen parent and one alien parent acquires U.S. citizenship at birth under Section 301(g) INA provided the citizen parent was physically present in the U.S. for the time period required by the law applicable at the time of the child's birth. (For birth on or after November 14, 1986, a period of five years physical presence, two after the age of fourteen is required. For birth between December 24, 1952 and November 13, 1986, a period of ten years, five after the age of fourteen are required for physical presence in the U.S. to transmit U.S. citizenship to the child.
She did not live in the US for 5 years after the age of 14 before he was born. If he was born overseas, not only would he not have "natural born" citizenship, he would not have US citizenship.
You are missing the point. That is true, but do you really believe that an elected candidate for POTUS is going to be rejected because of a regulation that was rescinded over 30 years ago and is invalid today, even if it were valid 45 years ago? Especially when, if his mother had been a few years older when he was born, even that old regulation would not have been an issue?
Nice try.....