Hey gbaxster, welcome! Cool rig it sounds like.
While I'm with the others regarding the fun effect of the V8 over the six, I ran 32's on 8" wheels for years with manual steering and it wasn't that bad.
Not sure if the others that said they didn't like it had wider wheels, or more negative offset/less backspacing than I did, but I'm not Neil Armstrong and had no issues in my daily drive. Or on the trails for that matter. All of us buddies did the Rubicon with 32's, manual steering and stock suspensions with very little negative feelings about it all.
Now, since I've actually experienced power steering on the trails, I'll never go back to manual!;D But it was still fun.
Definitely not 33x12.50's which is a notably heavier tire than a 32x11.50 for some reason. But I think the narrower wheels with more backspacing makes it easier to steer too.
Back to the power though, I'm with bowsher and hope your rig got the 4.56 option. That would be much more fun with the smaller engine.
Paul