Paedobaptism has no salvific value, and indeed leads the individual to think they are Christian by virtue of it, when they are not. Period.
The "flip side" of this is:
CredoBaptisms -- where churches launch unBiblical emphases on "making decisions for Christ" leads the individuals who have repeated such a worship-service or special-event or whatever phrase to think they are "Christian" by virtue of it, when many are not...or others may be for a time...and then fall away. Period.
Where's the "salvific value" of those individuals who wind up in hell?
However, so do Charismatic revival meetings, producing more damned infidels with fake confessions than they do in actually leading anyone to salvation. I escaped from them myself, though I was never really one of them (could never "speak in tongues). A friend that came out of them, however, admitted to never actually even knowing what the Gospel was.
If John the Baptist could leap within the womb at the presence of Jesus Christ, then an infant is just as much capable of salvation as anyone else. In fact, since all salvation is itself a supernatural act (no one confesses Christ but by the Holy Ghost), I would argue that the salvation of infants and the salvation of adults is entirely the same in nature.
Unless they die while you hold off.
May a pox be upon all who don’t give the babies baptism.
AMDG