If you are relying on what I said that I heard the limit was raised to 8GB, I'm not sure about that. I only heard it. It may be possible that more than 8GB is supported on the new firmwares. We should ask a firmware expert like Dark_AleX. Maybe if it doesn't support over 8GB Dark_AleX could find that part of the firmware and hack it to support more in his next OE firmware. That'd be cool.
Someone should post on maxconsole asking if the limit really was only rasied to 8GB or if that was just a rumor and it is really unlimited. Also, if it is limited, someone should ask DAX to hack it in his next OE.
32GB sounds so tempting...If it is usable, I'd get one. So many movies and PSX games and homebrews and mp3s...and I'd never have to sacrifice quality for space again!