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Turns out there is a way to opt-out on Smashwords, I just completely missed it. On the dashboard is a new feature, the Distribution Channel Manager link, that takes you to a page and allows you to opt-out. (Actually, I feel like a bit of an idiot for not stumbling on it before.)
Although it does the job, I still feel there should be an opt-in on the page you publish the book on... as opposed to doing the publish, then going to this page and opting-out after the fact. Maybe that's just me.
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