Originally Posted by BooksForABuck
What it does (or doesn't do) for Smashwords is unlikely to be a primary concern.
To B&N, of course. I'm sure Smashwords isn't doing handsprings about it. But the announcement doesn't say Smashwords won't be able to continue uploading their content to the B&N servers after PubIt! kicks in... so it may not have the adverse impact on Smashwords that it could have.