What is your opinion?  You believe that smerit should be spent as a charity towards lower ranking members, merely for existing? or to help lower ranked members to bounty hunt or join signature campaigns?

Also, if you believe that there should be some kind of guidance for who and how smerits should be given out, then where does that leave individual member's discretion about when and how to spend their smerits?  

Is there any value to individual member discretion over their own spendable merits?

Actually, if you read a bit more into this thread, including even the first page of this thread, if you attempt to understand the merit system and even some of the motivations for it, then you might be able to formulate your questions a bit better.  

At this point in time, your formulation of your question(s) is NOT very good and comes off as self-interested, "little informed" and seems to attempt to get answers to points that have already been made over and over in this very thread.