Delphi32 under Win3.1

Delphi is good, but 32-bit is what I crave, with or without Windows.
Which leads me to wonder, whether the 32 bit version of Delphi (to be
released when Win95 is ready) might also produce 32-bit code which would run
on machines without Win95 (using the Win32s supplementary routines).
Anyone have any ideas?