I was just on the Kobo website and typed "smashwords" into the search field. The result was 500 books, a number of them free, but all of them reasonably priced. Although there are no reader reviews on the Kobo site, people can rate the books, one through five stars.
See:
http://www.kobobooks.com/search/sear...?q=smashwords&
The books can be downloaded as ePUB files. If you have a free Kobo account, you can add the books to your library and sync with many different mobile devices (but not Kindle) using the free Kobo reader for that platform.
As far as I know, ePUB files downloaded from Kobo are always imported into Adobe ADE, so DRM does attach.