I spent months pondering and finally purchasing a couple of CD32's and I live in the states as well.
First, I recommend getting a true PAL CD32. I bought mine from Amigakit. They have the PAL CD32 systems and US spec Power supplies in stock and they work fine together.
Second, get a used multisystem TV off of eBay or Craigslist. I found one for $40, all problems solved as it displays PAL perfectly.