My opinion is that the SR32 isn't very good.
For full disclosure I haven't actually seen it in action, but this is based on seeing the previous models as well as reviews of those, plus comments on the new SR32 like in this thread
Is the Sony DCR-SR32 really that bad?
In terms of quality for the money, miniDV tape is generally best, HDD worst, with DVD in the middle. You can get quality HDD cams (like the Sony SR190) but they cost more. You can get quality DV cams for £350. But the HDD cams you can get for £350 just aren't that good.
If you must have HDD and your budget is firm, it might meet your needs, especially if you aren't too fussy about quality.