Generally, if I don't see or talk to them, or know them well, then no, I don't get a gift for a new baby. I can't recall the last new baby gift I gave -- I think we're in the lull now and the next batch of babies will be born to our nephews, niece, or cousins (children of our first cousins). In those cases we may have to gift. No I should rephrase that: we may choose to gift. No one ever forces us to give gifts and we don't even give holiday gifts to anyone but out parents and our children.
There is enough baby stuff on this planet for every new baby x 10, I think. If we choose to gift, we'll give money or something handmade.