I've had a P32 for about a year and a half now, and it stays with me all day at work (I work in a gun shop). I have a belt clip on it, and I have no problems with it riding up front slightly to the right...until I sit down. Then I have a problem.
While standing, no one ever notices the little clip that's partially hidden under my belt, and the people that do see it think it's a knife.
A LE buddy of mine was in the store the other day and was looking for something along the same lines. His eyes bugged out when I retrieved my 32! He couldn't believe how well hidden this thing was in plain sight.
As far as accuracy goes, I hope that I'll never have to use it at any distance over 7-10 yds, 'cause I'm just not very good with this piece (If the SHTF and this doesn't do it, I guess I'll just have to crawl back for my kimber.)