How much RAM does your laptop have? If it's over 3Gb, the 32bit kernel won't make use of the extra and Ubuntu does not offer a PAE kernel option for 32bit systems (you could still compile it yourself).
There have been several quirks with 64bit OS apps such as Flash player or Java. Adobe has released a beta version of Flash 10 for 64bit linux and it works quite well.
If you don't have the RAM requirement I would stick with 32bit just for avoiding any potential 64bit complexities.
-twig
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