dude4mrestonva,
See the following is statement from cgihouston.org
[Minors (below 18 years) whose both parents are Indian citizens are not eligible for registration as Overseas Citizens of India. They are, however, eligible to apply for PIO Card]
Both, I am my wife are Indian citizens and hence the PIO and not OCI. When we become the citizens, we will apply for everyone's OCI cards.
The interesting thing about minors becoming OCI in 2 steps is that it costs $210 overall for both steps (PIO $185 + OCI $25) whereas if you apply for OCI directly the fee is $275. That's $65 saving