Ok, here's the scoop on the P-32. I have one and love it. Everyday it's in my pocket wearing an Uncle Mikes pocket holster. I started out with the belt clip attached but took it off after a few range trips because it tears the skin off the thumb knuckle. Peashooter my ass. I thought that too before I owned one. Highly scientific tests conducted by myself involving a deep sided wheelbarrow full of a water soaked telephone book sitting in a foot of water show complete penetration of book, water, and my wife's wheelbarrow (opps!) and ricocheting off the garage floor.
Best lubricant is Tetra in my opinion. Slide rails, hammer that rides on slide, & barrel contact points. All current P-32's come with extra power recoil springs to correct early failures. Mine has been very reliable. Silver Tips,Corbons or Gold Dots work great in mine. Good luck with yours.