Ultimately it'll go in the '32, but I'll probably put a slightly tired Chebby in it first to get it running quicker. I have almost nothing for Ford Windsor engines, but lots of parts for smallblock Chevrolets.
However...that could change. I'm sniffing around on another cheap deal for a much later model 302/5.0 Ford engine.
EDIT: For what it's worth, the '32 will go together first with a Ford 8" (not a 9"), 'cause I got a freebie not too long ago. After a while, it'll get a gen-u-ine quick-change.
Thing is, I want to be driving the hot rod ASAP, instead of waiting forever while collecting parts and building the engine.