Personally I don't feel the need to do any on-demand scan when you have an on-access resident antivirus.
Whilst the Smart Scan is different as it runs scans from multiple different components, its value depends on what additional components you have installed.
I run avast free on a very minimal installation, File/Mail/Web/Behaviour Shields and Software Updater, so the Smart Scan isn't going to be scanning very much anyway.