I had a reply typed out last nite....and then the forums went BOOM!
But, I saved it cuz I didn't want to type it again (and by that point I was d*** well gonna post).
So, here's that answer:
The Truepower series utilize independent rails (3.3, 5, 12 volt) whereas the Smartpower combine them down (i.e. a max combined of 3.3+5,).
On Antec's site, the main difference I can also see is the voltage regulation...the Truepower's also come with case fan only connectors (which I like) which simply runs them at lesser voltage when it's running cool...and the True's come with serial-ATA connectors, not sure about the Smart series.
What is the psu going to be running? the SL350 and True330 are both under $50. Should probably be adequate for any standard setup....Mine (True330) is running 2 hdd's, 2 cdrw's, AXP 1800, and a blazing fast TNT2 card
Along with 4 case fans....
Hopefully this has kind of answered the question...:beer:
Anyway, the above poster pretty much nailed it on the head anyway....