That is nice! I guess it depends on what you want. 10" wide wheel for 32x11.5 will be a little smaller than what you have now.
I have seen one Waggy on 31x10.5 with 10" wide wheel and 4" lift. It didn't look bad. When you spread the tire wide like that, it lowers the overall hieght of the tires a little.
This is 33x12.5 on 8" white spokes.
Later stepped up to 35s with another inch of lift in the back and generous fender trimming.