Resolution: Yes, however as stated by aCC 3.30 release note "... avoid the binary incompatibility simply by not using the -AA option and foregoing use of the 2.0 library...".
You can use the h7_110_aCC port installation build, which is not built with the -AA flag.
The h7_110_aCC327 port exists expressly for customers who require the -AA flag. All other customers should use the "normal" port (i.e. h7_110_aCC) instead.