If Revell wants to upgrade the '32, how about doing an all out street rod, using such pieces as a custom tubular front suspension, a Jag or 'Vette rear suspension, maybe a 454 Chevy and older running gear? You know, something like the custom car builders of the 70's would build, like a retro kit.
Or they could do a custom using parts from a 2009/2010 Corvette kit, like the complete running gear.
Just my thoughts on the subject...