I would also like to point out that MC34063 is kind of "risky" for this, as most manufacturers specify the minimum voltage as 3v - 3.2v is fairly close to 3v. And yes, you would have to use fast recovery diodes, and ideally with small as possible voltage drop.
My suggestion would be to ditch the old MC34063 and go with more modern boost (step-up) regulators, here's just some examples:
MICROCHIP MIC2288YD5-TR Boost (Step Up) Regulator, Adjustable,
2.5V-10 Vin, 3.6V-34 Vout,
1A out 1.2Mhz:
http://uk.farnell.com/microchip/mic2288yd5-tr/voltage-reg-boost-1a-1-2mhz-tsot23/dp/2509929
R1 and R2 can be tweaked to more sensible (common) values , you just choose them to have Vout = Vref x ( r1/r2+1) where Vref = 1.24v and R2 must be below 5 kOhm .. the datasheet is very thorough
Since it runs at such high frequency, you can use very small (and cheap) inductors and ceramic capacitors and resistors and even though it's surface mount, it can still be soldered onto a prototyping board (there's enough spacing between pins to solder them on board) but such high frequency regulators like wide and short traces, every component as close as possible to the chip, so proto boards are not really recommended.
Other similar chips:
MICROCHIP MIC2619YD6-TR DC-DC Switching Boost (Step Up) Regulator, Adjustable, 2.8V-6.5Vin, 2.8V-35Vout, 350mAout, SOT-23-6 :
http://uk.farnell.com/microchip/mic2619yd6-tr/ic-boost-1-2mhz-ovp-6tsot/dp/2509963 (very similar to the one above)
MICROCHIP MCP1640CT-I/CHY DC-DC Switching Boost Step Up Regulator, Adjustable, 650mV-5.5Vin, 2V-5.5Vout, 350mAout, SOT-23-6 :
http://uk.farnell.com/microchip/mcp1640ct-i-chy/boost-reg-synchr-500khz-6sot23/dp/1800208
This chip will also give you the capability of running your projects from two AA batteries, since it can run with as little as 0.65v (two AA batteries would be as little as 2x1.2v = 2.4v) . And, it also has a very long and detailed and easy to understand datasheet, which explains how to choose the components (diodes and inductor, what specification matters when choosing them etc) and for this chip, the datasheet even has a picture showing how they recommend the traces to be layed out around the chip, to keep efficiency and performance high.