I have become a fan of 32 Hand Ejector and Regulation Police so I bring a trainload of prejudice with my answer. I have three postwar 32 HEs (2", 3¼", and 4¼") a Model 30 2" and a Model 31 2" (both Improved I-frames), and a postwar RP 3¼". I can't offer the compare/contrast you're looking for 'cause I've never handled the Ruger.
One thing to consider is ammo cost. I think I read on another thread that you don't reload. I generally see the .32 long prices about half-again as much as .38 Special for RNL.
Shooting-wise I prefer the RP for the square butt, but you can't beat the looks of the round butt guns.
Here are my 32 HE 3¼" and Model 31.
Best of luck with your decision.
Bob
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Wrangler of stray Chiefs
Bob
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