Actually base price for the V8 is pennies south of $30,000 so even better! $32,000 is probably with a few options. I wouldn't call it a luxury car though. It is a Pontiac after all. The most luxurious feature is leather seating. You are correct though in saying the G8 will tell us a LOT about the Camaro, as it uses the same architecture. In fact, I wouldn't be surprised to see the G8's current V8 as the base V8 in the Camaro as it has AFM, will still beat the expected power gains for the Mustang (I consider the Challenger irrelevant as massive power is needed just to creep that bloated land yacht along), and will leave comfortable room for an upper level engine for the top dog/special edition Camaros. Of course I wouldn't mind seeing something along the lines of the LS3 be the base V8 and having something north of 500hp for the better V8. It never hurts to completely blow the competition out of the water. Overall the G8 looks like a rather competent and compelling car and bodes very well for our Camaro.
