"However, K32's are all but unobtainable due to their high price."
A few years ago a good friend of mine stopped into a little rural gunshop in South Western Virginia while visiting family, and chanced on a 4" S&W Model 16 in .32 Long.
It had some odd scarring on the top strap and barrel, as if it had been dropped on a porcupine, but otherwise it was in excellent condition.
The out-the-door price?
Slightly under $500, which even at that time (maybe 5 years ago) was one of the freaking steals of the century. It was under priced by at least $750 to $1,000.
To say that I went into an evil jealous rage is the understatement of the year....