So poacher's knife...

Stalker's and Trailblazer are the only 2 smites seen really, maybe an occasional red smite. That's fine, all 3 have good potential on certain champions; Shyvana can utilize Chilling well, same with Olaf, duelists like Warwick and Yi excel in skirmishers with Challenging smite, and poor farmers like Rammus are OK if they take Trailblazer.

But poacher's knife. Why does it still exist? If I had to guess the 1% of people who buy this only buy it because it's the recommended item on some junglers (like Nocturne which honestly makes no sense but w/e). And with the charging system of smite Poacher's just seems even worse since you can now have smite up in 15 seconds (because most champions don't wanna risk taking too many camps in the enemy jungle, except maybe ) so you might as well take a smite that gives more utility or damage.