32 lb isn't light, but light weight obviously was not a design priority. Considering that's the "all-in" weight, it doesn't sound bad. I'd be more concerned with how much lighter my wallet would be.

Top-end racing bikes these days weigh as little as 16 lb. My own racing bike weighs about 21 lb (it's about 10 years old, and I did not choose especially light parts for it). If you added fenders, lights, a rack, and a dyno hub to it, it would top 25 lb. And it would make a lousy touring bike.