David, I love most all things .32. The current .32 S&W Long ammo is pretty anemic from Winchester and leaves a terrible black residue. But the lack of power/pressure will probably be good for the old Smith if you don't handload. It only shoots to point of aim for me fom my 1964 Colt at 15 yards, so I'd expect your older guun to find it a close range proposition too.
It sounds like a real gem. Congrats.
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