The question is how much thread engagement you really need. The smaller the initial hole, the more engagement, but 100% is impossible to get and be able to screw something in I believe. Most situation call for 60-80%, and you should have no problems. So long as the necessary strength is there, more engagement will do nothing for you.
I believe a #31 and # 32 have so little difference in this case that it should make no difference.
Remember, the hole only has to be as deep as it wide, any more is meaningless, as that is the maximum strength possible, and you need at least 3 threads for optimum strength.