If you control all the computers that all your other computers talk to (and also their time sync sources), then smearing works great. You're effectively investing your own standard to make Unix time monatomic.
If, however, your computers need to talk to someone else's computers and have some sort of consensus about what time it is, then the chances are your smearing policy won't match theirs, and you'll disagree on _what time it is_.
Sometimes these effects are harmless. Sometimes they're unforseen. If mysterious, infrequent buggy behaviour is your kink, then go for it!