I have to say that my DM3200 is a huge step up from my DM24 (which I still use as location recording desk and sometimes even for live sound, but I prefer to use my Mackie TT24).
The "flaw" of having only 2 FX processors is made up by the fact that the DM3200/4800 have:
* Excellent automation, absolutely excellent. No Yamaha desk compares to this automation, or every other desk in the price range.
* Great sound quality, preamps and converters in this price range. Yamaha desks aren't comparable, quality wise IMO.
* Built in Mackie controller for DAW.
* The most flexible matrix DSP I've ever seen in a desk like this, any input to any output.
* Extreme flexibility with all in and outputs. Mine has 3x ADAT in/out, 3x TDIF in/out, 20x analog in. Perfect integration with my previous interface M-Audio Profire2626 and my current MOTU 2408.
* I can record with my 3 Alesis HD24 ADATs, can record to DAW.
With this board, everything is possible
Still loving it, although, I should have bought the DM4800. More channels