Smashwords isn't perfect, as some members of the Smashwords Forum will tell you, but it isn't the worst thing since the Edsel.
Old Goat, I started the thread on that forum about lengthy conversions and approvals, and I've always regretted the negative tone. For newcomers, waiting after submission is a void filled with doubts: Did it vanish into the ether? Should I resubmit? If I resubmit and it's redundant, are they going to ban me from earth?... In that thread I was just looking for some confirmation that things hadn't come to a grinding halt. The problem, happily, was quite the opposite and they were just too busy for a while. The fact is, I'm very happy with Smashwords and I think we're all better off for their efforts.
My book -
https://www.smashwords.com/books/view/36485