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You cant get 32t in 110bcd, 34 is the lowest you can go. I think the only way to have a PM and sub-compact rings atm is Garmin Vector 3.
Wolftooth is bodge-y, you are mounting something on one of the weakest parts of the bike, IMO try and solve it with a derailleur, the only benefit of that RX mech is that it officially goes to 34t which means it will 100% go to 36t with B tension adjustment. Obv you dont need the clutch.
amey-
You can get 33T TA I think but I wasn't really worried about going that low. Like I said, my plan was to keep the chainset as-is and add the 36T cassette instead of the 32T. Dropping the big ring size down just keeps the chainline nice for normal riding.
The derailler hanger is replaceable - it's designed to be weak to fail so your frame doesn't. Wacker used Wolftooth w/ 36T for TABR and probably TCR so it's proven to work. Wolftooth is cheaper than a derailler. Clutch deraillers add drag. No thanks. And it's not even out yet is it?
hippy
I've got a P2M so I'm not swapping the cranks for sub-compact stuff. I was just going to swap the rings and I already own a Wolftooth and 36T and I don't need no stinking CX derailler.