I don't disagree with you about offering him, but we're in a very different situation now, compared with when we were recruiting Watson. At that time we were PG starved, but pursuing top 50 guys instead of very solid players in our backyard. Now we've got a very good young PG on the roster and another one (two if you include Da'Monte) signed for next season.
No one wants to hear this (instant gratification culture and all), but from the staff's point of view there's no reason to rush with Smith. It seems pretty clear that Smith plans to play out the season to attract as much attention as he can from college coaches. It's the smart play on his part, kids that wait tend to have great offers fall into their lap as teams frantically look to pick up last-minute pieces. Our staff has made it clear to him that we're interested. Now it's about seeing how he progresses during the HS season and watching the dominoes fall with other recruits.