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Better to argue the merits of the Smart versus the Fit versus the old Metro than Navigator vs Yukon vs Hummer.
I think there may be a snowball effect as these small cars become a larger share of the mix on the road. Safety concerns lessen as it becomes less likely that you will tangle with an SUV.
As a regular bicycle commuter, I'd rather take my chances getting hit by a Smart than some SUV behemoth. And it is less likely, since these cars are not only shorter, but less wide.
Lighter, smaller cars must result in savings to us all on road repair, lane sizes, parking space, etc. The gummint should provide more incentives to purchase these vehicles. And fund the incentives with a new tax for the gas guzzlers.
It's the patriotic thing to do.