Its gasoline engine's MPG is actually pretty garbage regardless of using premium, you can get far larger, more practical vehicles with like or better numbers for less money. That article is absolutely right, Soul/Versa/SX4 (Ding ding) type vehicles annihilate the Smart at least until the Smart gets a diesel/electric, and on that note I read somewhere that there's going to be an extremely limited, lease only, 40whp electric Smart program soon.
To Sticky, you should be happy: the Fit has gotten ridiculous amounts of accolades from the motoring press, I think I saw a comparison test recently between Fit, Yaris, Focus and Mazda 2, and the Fit handily won.
If I didn't have a serious axe to grind against FWD, I might consider one myself.