I think Ponting at 942 (Hobbs is 942 as well) is a more realistic target or even Hutton at 945. Smith is a real chance of being No2 on ICC points system...
Purely on ICC ranking he would make the Australian side ATG ICC points side.
3 Bradman 961, 4 Ponting 942 , 5 Smith 936
Hayden 935 as one opener, Gilchrist at 874 as keeper at 7
Leaves only one opener and 6 open.
6 would be between Hussey 921, Walters 922, Harvey 921 but of course many would opt for Miller (681 batting, 862 bowling) at 6 to give a genuine all rounder.
Openers is Warner at 880 and Lawry 871 but you could crib a little and make Hussey the opener.
Can't help but feel that the number of games played at a higher frequency has warped ICC point system significantly, as a player in amazing forum can rack up many more tests in that period.
As good as Smith is, it is hard to perceive him as the 10th best of all time.....
He is not and he would struggle to make in to top 40 atm but thats because he has only played 30 tests
Australia play close to 30 tests over the next 18 months including the rest of the Ashes,6 home and away tests against NZ,3 in SL,4 against SA and 4 in India. By the time they are done Smith would still be 27 and if his average remains in the mid to high 50s, we'd probably have the youngest ATG since Sachin
Interesting that Smith is so highly rated in the official rating system. It's supposed to be a combination of career + current form, but it seems to me that him getting into the top 10 so quickly suggests that relatively new players (<40 tests) are slightly overrated.
I just updated my system and I have him at 899 points and behind AB who is at 956. Just to be clear my system doesn't have a ceiling (the highest ever is 1154), but the basic premise is the same. A player's past matches are taken into account but less so with time, and his rating is discounted if he is still a "new" player. Right now Smith is on the cusp of being an established player, but his rated is still slightly discounted.
I think there is a fair argument still that AB > Smith as the best Test batsmen right now. Just for a quick comparison, checking their last 20 innings:
AB: 121 (Pak), 19, 90, 164 (Pak), 13, 103 (Ind), 74, 91 (Aus), 48, 116 (Aus), 29, 14, 43, 21, 51, 37, 12, 7, 152 (WI), 10, 148*(WI)
Smith: 36*, 22, 55, 0, 97, 162* (Ind), 52*, 133 (Ind), 28, 192 (Ind), 14, 117 (Ind), 71, 25, 5*, 199 (WI), 54*, 33, 33, 215 (Eng), 58*
They both made 6 tons, with AB facing the tougher opposition (similar except for facing Aus and not as much of Ind). Just based on these innings I think it's close. But then if you add the diminishing returns from the prior innings, AB has much more of positive history.
Considering how it's not clear that Smith is even the best Test batsman around right now, I think putting him to be having the 10th best "peak form" rating of all time is a bit of a stretch. He has the potential to get there in the next year imo, but right now it's too soon.
In terms of career ratings, I have him at #66 all-time (he just jumped past Cook who is at #67). I think it's fair considering his run, but his position is very volatile and a few bad scores and he will drop out of the top 100 quickly.