I'm happy that Smash is getting some professional acknowledgement like Melee returning to MLG, but to be honest I don't really like it that much.
I don't like that the commentators have to check their language /cadence so much that everything they say becomes bland and corporate. I don't like the increased ad time. And I don't really like the... feel, the je ne sais quoi of these tournaments. It's too sterile. It's hard to put into words but I have such a fondness for the raw, self-made, gritty environment of the old days (get off my lawn).
I DO like that it's exposing more people to Smash and the professional stream quality we're getting, but I'll always miss that underground feel it used to have. But like I said, I'm happy for Smash, really.