Rails - Mar 2006 - Specify callbacks before associations

In the RoR API documentation 
(http://api.rubyonrails.org/classes/ActiveRecord/Callbacks.html) for 
callbacks, there is a note that says:

"*IMPORTANT:* In order for inheritance to work for the callback queues, 
you must specify the callbacks before specifying the associations. 
Otherwise, you might trigger the loading of a child before the parent 
has registered the callbacks and they won?t be inherited."

Does this mean a model should be defined as:

class NetworkSegment < ActiveRecord::Base
  after_create :create_network_ipaddresses
  after_update :update_network_ipaddresses

  has_many :network_ipaddresses, :order => octet4

  #...
end

or

class NetworkSegment < ActiveRecord::Base
  has_many :network_ipaddresses, :order => octet4

  after_create :create_network_ipaddresses
  after_update :update_network_ipaddresses

  #...
end

Thanks,
-Jer

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