Doug, it's something like a 40 or 50 yard difference, yes, at least according to the computer.
I figure if you could tee the ball nine inches high, play it a foot in front of your forward foot, and swing at it with a 45 inch putter, you could probably get pretty close!
Otherwise, you're right Tom, there's no good way to launch a ball at 32 degrees legally with a low-lofted club.
Jim, those are launch numbers for a ball speed around 145 mph so it doesn't matter what club you do it with.