Laners with smite? Seems to work ok.
Since players can smite champions now, I thought I'd try going with an auto-attack champ with smite and skirmisher sabre
upgraded later with devourer enhancement. 
Benefits:
1- Item is very comparable performance-wise to
after a few stacks. Late game it will even be better. It is not hard to end up with 40-60 stacks for 80-100 dmg per hit.
2- It seems to me that a summoner spell that reduces champion dmg by 20% and add a lot of true damage per hit for 6 seconds on a 60 second cooldown is superior to ignite.
3- Jungle and river control! Two or more players with smite should allow the team to invade enemy jungle camps far easier and burn dragon and baron much faster.
Has anybody else tried this?