The first Release Candidate for 3.2.10 is out (3.2.10-rc1). You can download it on http://www.unrealircd.com/
There's no clear date for a final 3.2.10 release, this depends on the amount of feedback and results we receive.
To help out with testing, go to http://forums.unrealircd.com/viewforum.php?f=38
Unreal3.2.9 has been released on November 5th, 2011.
Please ensure you are using this version (or current development version) when reporting new bugs.