What if the design starts with the parents' DNA, but makes one change to prevent a disease? Seems like that parent wouldn't be adopting a genetic orphan, and would have the right to take the newborn home. What about two changes? 50? It's one of those "where do we draw the line?" issues.
That'd probably get you 60% of the way to full on designer babies anyway, unless you're going for a trait that's not at all in your gene pool.
I have yet to hear any loud controversy regarding PDG IVF so I think it's one of those situations where genetic engineering will slowly creep up on society and by the time we have a public debate about the ethics it'll be way too late.
Generally speaking, genetics only comes into the picture if someone launches a court case to dispute parentage – e.g. if the mother says X is the father but he refuses to accept that status. But, if a man signs the birth papers for the child, he is legally the father, even if it isn't genetically his offspring. And likewise, if the mother gives birth to the child, she is legally the mother even if the egg came from someone else.
Genetic parenthood by itself doesn't automatically make you a legal parent. At best, it creates the possibility for you to claim parenthood (if you want to), or for someone else to impose it on you (if they want to).
An interesting court case - http://www.austlii.edu.au/au/cases/cth/FamCA/2009/691.html - found that the birth mother's cohabiting partner was legally the father, even though the genetic father was listed on the birth certificate. This wasn't what any of the people involved wanted – the birth mother was acting as surrogate for her daughter and son-in-law, who were the genetic parents – but was an undesired to all parties side effect of the lack of legal recognition of surrogacy at the time in that part of Australia. The remedy was the genetic parents had to legally adopt the child, even though they had been raising him as their child from the time of birth.