Others, however, say yes, this is different. Because we are now capable of altering the germ line - the DNA itself - it means any changes would be passed automatically from generation to generation.
Furthermore, it would be all too easy to slide into uncharted territory. It's one thing to make changes that eliminate diseases such as cystic fibrosis or reduce the risk that an individual will be diagnosed with breast cancer.
It's quite another to alter an embryo to ensure a baby is born with perfect pitch, an athlete's physique or a high IQ.
If this possibility becomes reality, what might be the psychological consequences of creating designer babies?
The first point to note is that a natural ability isn't the only ingredient needed to develop a particular talent. An individual must be strongly motivated to practise the many hours required to turn a nascent talent into a well-developed skill. Good teachers are also needed, as well as a bit of luck.
If parents "create" potential and then do not see it fulfilled, they may be disappointed. And worse, if a child feels obliged to develop a particular ability simply to please their parents, it will place an inexcusable burden on that child.
Another worrying problem is the issue of unintended consequences. I doubt that any human trait is detached and "clean" - all our qualities must be interrelated. Therefore, improvement in one area might blight another.
For instance, it's often said (although not proven) that creative people are more vulnerable to depression. Surely no parent would request an intervention, however attractive, that might make their child more vulnerable to this illness?
The most distressing consequence, however, is that this technique could inadvertently compromise a child's ability to live most fully in the world in which they grow up. A particular intelligence or specific body shape may be considered highly desirable right now. But we cannot anticipate future needs. What if what's desirable now becomes a liability in the future?
If genetic modifications can eradicate diseases, let's welcome them. But if they're ever to be used merely as a means of satisfying parental expectations, we must carefully weigh those expectations against possible consequences.
Linda Blair is a clinical psychologist.