Doug Crockford Talk on JavaScript
felixcrux.com
felixcrux.com
I also recommend checking out the javascript page on his website, plenty of javascript related material to keep you busy for hours: http://www.crockford.com/javascript/
When it comes to JavaScript, you'll find most people put the semicolons in even when they don't have to. It's just a highly ineffective feature. Now if they didn't have semicolons at all and designed the language appropriately, that would be different.
I actually agree with your statement "I consider an interpreter that can figure things out on your behalf to be a more intelligent interpreter" -- I'm not arguing against smart interpreters. I'm merely arguing against semicolon insertion which is actually an incredibly dumb way of handling this situation.
So semicolon insertion is just a hack that happens before parsing. It's not that the semicolons are optional, they aren't, but it puts them in automatically according to a set of rules. Unfortunately that means you can't just put a return on a line by itself -- a semicolon will always be inserted.