Terry, the answer is "yes, but...";
You have 8 sliders, so live control of dimmers would be limited to 8 channels at a time; you can assign one "Fixture" to be a 32-channel dimmer, and step thru 4 banks of 8 channels. This would be a challenge if you either need simultaneous access to a bunch of dimmer channels for live control, but is no problem at all if you're pre-programming scenes for playback.
The other function that some band LD's just can't live without are "Flash" buttons. No luck here, but if you're moving towards intelligents, "Flash" buttons become much less important.
Like any controller under $ 5K, the Showdesigner series are not perfect for all applications, but they are very powerful controllers if you learn what they can do and adapt.