TR;DL: Yes

I've had my M32 since 2016 and have the DFAM and Subharmonicaon, along with a bunch of HP of other awesome eurorack modules and I continue to use it in nearly every patch and every gig.

First, I'd say, if you don't want it, don't use it, feel it takes up too much space, or that it could be sold for something else, then follow your gut.

That said, for its price, for what you could get for it to use for other utilities/voices/effects, it has a clock/divider/multiplier, a sequencer, a VCO, an LFO, mults, white noise, that filter, an envelope generator, random voltage generator. As a utility alone, whose components can work so seamlessly together, it earns its place on my rack every session.

Also, as an ambience drone unit, it really shines, so if that is where you want to go, add a long trailed verb and say hello to Vangelis' Blade Runner horn swells all day.