Color32 can be implicitly converted to and from Color.
// Convert a Color to a Color32
var color : Color32 = Color(0.5,1,0.5,1);
using UnityEngine;
using System.Collections;
public class example : MonoBehaviour {
public Color32 color = new Color(0.5F, 1, 0.5F, 1);
}
import UnityEngine
import System.Collections
class example(MonoBehaviour):
public color as Color32 = Color(0.5F, 1, 0.5F, 1)