I too have recently rediscovered the lovely .32. I used to shoot S&W long out of my Nagant Revolver (yes, poor form, I know, but the ammo was impossible to find).
I recently convinced myself that I needed (and deserved, dangit
) a new trail gun for several hiking/cabin trips I have lined up this year.
I flirted with all manner of guns I already owned. I decided that a wheelgun made the most sense. I didn't want to mess with magazines, and I like being able to unload all my rounds at the end of the day (back when I get to cabin with the rifle) for safety for my daughter. So my beloved 92fs didn't get the nod nor did my much more belt friendly FNS 40c.
A .38 snubbie wasn't going to cut it. I'm not one of the internet commandos who sees ninja grizzlies behind every tree. However, a run in with a black bear (very, very remote, I know) is possible. So I wasn't going to pack a short range people-shooter, but I didn't feel the need to buy a 4lb hogleg sporting a thumb-sized cartridge either.
There was always my trusty SP101 in .357, but for the weight, 5 shots of .357 out of a 2.25" barrel didn't feel like a good weight trade off.
My .357 Vaquero was also a possibility, but it's a chunky-monkey weighing in more than the Beretta and only holding 6 rounds. I was ok on the firepower, but I really wanted to keep the weight down.
I thought about getting the LCRx in .38 special and hoping that the 3" barrel would do the trick, but I still wasn't convinced.
Then I saw her... Sitting under the glass at a local sporting good store was a brand new .327 SP101 with the 4.2" barrel.
A little spendy to feed, but from the rodent-flatus .32 S&W to the respectable .32 H&R mag to the "why isn't this cartridge catching on!?" powerhouse .327 fed mag, it was the answer to my needs.
Dead on with .32 S&W, it shoots point of aim and could harvest a bunny pretty easily at 15 yards. I'm thinking the ballistics of the .327 make it a nice flat shooting, lower recoil, hiking round for two-legged varmints and pretty much anything I might come across. While this isn't a "bear gun", I would feel better plugging a sow in the face with 6 rounds of this over 5 of .38 special as she trees/tries to eat me.
It's not a perfect cartridge, but it's a neat round that has a lot of history and a lot of utility still left in it. I plan on stoking it with .327 serious business and keeping a handful of plinking loads in my vest should the need to bust a stump arise on my hikes