I have a couple associates who are UI grads, and it appears Smith is currently being thought of as a "what have we got to lose" kind-of candidate.
I don't think anyone knows if he can recruit, and I guess the jury is out as to how he'll connect with 19 year olds. But I myself don't know of an alternative; not to mention the fact there aren't exactly a multitude of marketable (or even remotely attractive) candidates out there. But if LS has any kind of juice still lying around in Chicagoland, I see no reason why they shouldn't try and tap into it.
If I were a UI fan, I might be willing to get behind this choice.