While the 32-20 wouldn't be my first choice for a deer rifle, I have one in a Browning 53 and wouldn't be afraid to use it on deer. Within reason.
The 92 is a strong gun. There are a number of good cast bullets in the 120-135 grain range that safely make the 32-20 in a rifle a considerably different round than the factory loadings.
'92 is probably the strongest action in its class, thanks to JMB. You could crank up a pretty potent load. But, it would still be a 32-20, just a more powerful one.
I'd rather be shooting a full house 38-40, or even better, a full house 44-40.
DF
