Not familiar with the T34 nor the M32. I am renovating a T27 and will possibly cannibalize my M25 in the process, if that helps.
If you just so happen to be dreaming about sailing but have as yet to set out, scour Craigslist and find something cheap
and ready to go. GO SAILING, NOW! Great deals are out there.
If you are interested in my Morgan
25 in rough shape; it's available, with a working dual axle trailer. I assure you there is an as good or better deal elsewhere.
I saw a sweet, clean O'day 25 for $1500 in Nashville last time I checked.
Good luck (if you are still watching).