I realize that I'm on the VERY radical end of things here, but I just want to air that I wouldn't pierce my (hypothetical) female-bodied baby's ears for a number of reasons, not the least of which is the fact that I feel that gender roles are a false and often destructive construction of the society we live in. I study childhood androgyny, and I feel that perpetuating the role of "girl", and all that implies, on my child with gender-specific jewelery, without their consent, simply because they have female anatomy is not okay with me at all. Gender discrimination and role-identification starts very early, which is why I will raise my children with the same standards regarding dress, toys, etc.
I live in a community where a number of my friends do not identify with the roles that were projected upon them by society based on the cultural implications of their bodies. I know that there are trans and queer-identifying parents here on mothering. I wonder how many more female-bodied people would naturally be making more "masculine" choices if they didn't have a particular brand of "femininity" projected on them since birth. What if my "daughter" suddenly decides they're really my "son" or neither? Would I be able to accept this the way I feel I should if I've been choosing and impressing all of these arbitrary signifiers of their assumed, now rejected, gender? Would my love for them be the same or different?
Not too long ago in China, parents would tightly bind the feet of their female babies so that they would fit into a special tiny shoe to demonstrate status. This is a sex-specific (body-specific) brand of abuse and is not okay with me, just as poking a hole into my child's ear (though the scale of pain is clearly different) isn't okay with me. My middle-class white American culture dictates that I should dress the babies with penises in mostly blue and darker, bolder colors and the babies with female anatomy in mostly pink and pastels. God forbid a baby or child with a penis wears pink, and horror of horrors when a female child gets called a "boy".
No one knows the true implications of cultural gender-typing at such an early age, and just as I would want my (again, hypothetical) male-bodied child to choose whether or not to circ, I'd also want them to choose whether or not to be raised as a "girl", a "boy", or androgynous. Same goes for a female-bodied baby.
Gender Liberation !!!

Okay I'm done.