I use 64 bit Ubuntu/Kubuntu/Mint/Arch for years. 64 bit version has become good enough and as people already said you can install 32bit library's easely:
sudo apt-get install ia32-libs
Another clue that could convince you is that from next release Ubuntu will no longer recommend 32-bit versions when you click on "Download Ubuntu" because the assumption is that most people have hardware that is capable of 64 bit computing. You are ready now (I hope you don't have less RAM than 2Gb with such processor).