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Like many folks, I pre-ordered the D800 the same day it was available. Alas, Nikon totally blew the market analysis vs production vs. supply chain formula. After waiting 2 months, I had to leave the country before Nikon got its D800 act together. I needed a beat-up D90 replacement camera, and the D3200 seemed like a decent place-holder. I quickly ordered one before they were back-ordered too! Sure, the D3200 is DX, not FX. Sure, it is not nearly as flexible. Sure, it can only AF with newer lenses. BUT, you can buy about 4-D3200s for the price of a D800, AND it comes with a decent kit lens for $699!
The tutoring graphical-based menu system is geared more to beginners, which I am not, so I find it maddening. Most will love it, since it is somewhat educational, and offers a great variety of pre-sets to take creative shots easily.
It is amazingly light weight - lighter than most lenses! It is very quiet. The AF could be faster, but its plenty fast enough. When you dig deeper, you shockingly find that the D3200 has many advanced internal features from the highest-end cameras ( D800 & F4) . The high-res LCD rear screen, the EXPEED 3 image processing engine, and a new 24MP sensor. The EXPEED 3 image processing engine allows the D3200 to perform at an altitude unheard of for a so-called entry level camera. Nikons Active-D dynamic range enhancement at 24MP at 4 frames per second requires substantial in-camera processing power.
I bought this camera primarily for still photography. With the proper lenses & technique, the results are stunning. Low-light/high ISO performance is far beyond what you should expect at this level camera. Candle-lit face images are noise-free, and look great. Still lifes on a tripod at ISO 100, have more resolution that ANY DSLR I have ever used, with very little shadow noise. In short, I might not accept my D800 when it becomes available. I might use the D3200 longer than I thought, ( waiting for the 24MP FX D600 for $1999 later this year - my guesses on price & stats & date) .or, just keep using the D3200. If it breaks ( Im hard on cameras) , Ill just buy a new one.
Bottom line - the D3200: super light-weight, very quiet, super high resolution ( & low noise, high dynamic range, superb colors) , incredible HD video with slow motion. It is no doubt THE most amazing DSLR value on the planet!
5/14/12 UPDATE: Ive now shot 100s of images, using lenses from 11 mm to 600 mm. Ive learned a lot. Super-high resolution cameras are a new arena for most of us. On the surface, one automatically thinks you will get images with twice the resolution ( 12MP vs 24MP) . Not so. MP resolution is measured linearly, so the increase while significant, is less than doubled. More importantly, when you enter the hi-res camera stratosphere, photographic technique & lens choice are critical. While these high MP cameras are capable of amazing results, you have to work to get absolutely ALL the MPs this camera has to offer. Do not blame the camera if your initial results are less dramatically sharper than your old 6-8-12MP Nikon. Its probably you.
BTW, the Nikon 18-55mm is a decent lens, but it doesnt do this imager justice. You can get better results, with better glass. The excellent f1.8 35mm DX Nikon on this camera makes a super-light weight compact package you can carry all day long, producing super images. A 60 year-old Nikkor Q 200mm f4, $70 or so on eBay, produces stunning results if carefully used on Manual, on a tripod.