I mean I'm with you but I want to be fair. The kid does have good IQ, vision, and when he's properly identified the situation he can make some superb passes. I just think: 1) his decision making with the puck needs workBy "best of the rest" I meant best after the big 4, particularly the #5 to #10 range. I've read a lot of banter on these boards about Smith vs. Benson as the #5 pick. Personally I'd take Reinbacher over either of them.
I've seen about 12 or so NTDP games (I really need to start journaling which games I watch) and the impressions you stated are things I noted just about every damn time Smith was on the ice. I think this is a prospect that is going to take a longer time developing than people are comfortable with a top 5 or top 10 pick taking as a result of his fundamental flaws.
Now this isn't to say he can't become a good NHLer, but it will definitely take the right development program and the right coach to bring out the best in him. The teams that are in range to select him don't strike me as the types of teams that are great with their prospects, though. (Montreal, Philly and Arizona. Yikes.)
(some people measure hockey IQ lazily and attribute it to "if they can pull off plays that most average players can't or don't, their IQ is through the roof" but I think it comprises decision making with the puck too. If you're experimenting with an out-of the-box type creative play and you end up passing to someone without realizing they're completely marked or you end up turning it right over to a defender, your hockey IQ can't be sky high. Like I don't think creativity and hockey IQ always go hand in hand. But at the same time, I don't think that holistic hockey IQ can't be improved by learning and adapting to the game and the level of competition you're at either. Guys like Zegras and Smith can adapt well to the situation on the ice but both have a tendency to experiment without enough fear of failure. As a Ducks fan, I'll admit we're still waiting for Zegras to finish figuring out what works and what doesn't and for him to focus on exploiting the kind of plays he knows will work. Hopefully it happens and he doesn't get stuck as a career scientist of the game of fancypuck.)
And 2) he either needs to find more speed, more strength, or more smarts about how to navigate the offensive zone to be able to adapt, like you said, to the NCAA and then eventually the NHL.
Which is a lot of words to say that he can be worthy of a high to early mid round pick. He just has a lot to work on in terms of adapting his game to a higher level of competition. What keeps sticking with me from my review of the footage is that on all of his most impressive clips, the defenders weren't rendered neutered by some sublime play by Smith as much as they were playing flat footed and unrefined defense, and thus unchallenging defense. The big plus with him dominating the U18s right now is that level of competition is higher so without having the opportunity to be awake to watch those games, maybe it's a sign that he can adapt and evolve to meet the challenges of more competitive play. I don't know. I just know I wouldn't take him with Anaheim's pick even if they drop two spots.