>Well, whether it's a downgrade depends on how you look at it. .380
>ACP is more powerful than .32 ACP, but it's still not a
>particularly potent cartridge - it's not like the comparison between,
>say, .32 and 9mm Parabellum. And I'll tell you what, having handled
>PPKs in both calibers, I would much rather have the .32 version. I'm
>not entirely sure why, but I find .380 an extremely unpleasant round
>to shoot, in the PPK or anything else I've encountered it in. There's
>something about its recoil - not particularly forceful, but it always
>makes my hand sting. The increased performance of the cartridge is so
>marginal that I personally would take the .32's greater shootability
>and call it a win.

Well, true, it isn't. But at the same time, it is more powerful than the .32 ACP, and it is fairly clear that the scene is taken straight from the book, where it makes a LOT more sense what with the original gun being a .25.
As for the gun, the .32/7.65 wasn't, and isn't, a bad round, and when Bond GOT it, it was certainly VERY easy to get more ammo if needed. Still, I have to say that, what with the immense amount of tech that showed up in the movies, of all SORTS of sci-fi flavor, it is a bit surprising that they hung onto the PP/K so desperately. Hell, they even traded back after he, briefly, carried the P99.

>Shame, too, I really liked the CZ 82 as
>an artifact - the Czechs do good work - but I couldn't hang with that
>bitey ammo. I should have kept it anyway, but money was tight that
>month and I sold it.)

Ouch. That sucks. There is a certain series of CZ75s I would love to get my hand on one of(convoluted sentence, there). Supposedly, they made an entire run of it with the national emblem of Sweden, the three crowns. Ordered for the Swedish military, and then never delivered for, you know, reasons.
Rare, and 'spensive as hell apperently, but...

...!
Gott's Leetle Feesh in Trousers!