I bought my 3203 with a 300X FEL. I've moved several (30ish) tons of clean 2" rock, dug/leveled a spot for a large fort for the kids, hauled logs, sunk fence posts, name it. I've had NO problems with this setup. Oh, and I can get the FEL on or off in about four minutes if I need to. More around six is the norm. I like my forward vision unobstructed so I take the FEL off when I'm not using it.
I'm seriously considering wiring a switch to override my operator presence system just to show it can be done. Rest assured if I decide to try it I'll post pics and a story regardless of the outcome There's an awful lot of talk about how much the lack of an override limits the tractor as a whole. The biggest reason I haven't installed an override yet is that I've absolutely no reason to. Besides, the system gives me peace of mind when my 17 and 15 year old girls are operating the tractor while I'm at work.
I'd like to take a moment and give my take on why one might buy a 3203 over a 3120. Price. Budget. Limitations. My budget suggested I buy a 790 (actually it suggested I buy a 28hp Mihindra). I was very close to buying a 790 when I learned of the 3203. Even though for my needs the 3203 was going to be able to substantially out-perform the 790, the price was daunting. I took a chance, stretched my budget and am now glad I did even though it has limited my subsequent purchasing ability. I can confidently say thought that if I'd have spent more money, regardless how much more bang I'd have gotten for my buck, the financial burden would have outweighed the machine's usefulness.
Good luck to you