Unable to downgrade below 1.32.00A

Actually, Tape, sorry to throw you under the bus, but 1.27.02 was indeed published:

http://forums.sandisk.com/t5/Fuze/Sansa-Fuze-Firmware-01-27-02/td-p/187786

However, 1.32.00 does not allow you to downgrade, it won’t work.  It stays at 1.32.00.  So while 1.27.02 is available, it is of no use to anyone who is at 1.32.00.  Those of us at 1.32.00 are stuck here until the next update.