When comparing Texts vs Smartdown, the Slant community recommends Texts for most people. In the question“What are the best open source Markdown editors for Linux?” Texts is ranked 29th while Smartdown is ranked 33rd. The most important reason people chose Texts is:
Unfortunately, this is a global setting for save (it can open any dialect)
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Supports multiple Markdown dialects
Unfortunately, this is a global setting for save (it can open any dialect)

Pro Immediate Markdown rendering and preview
Texts immediately renders the formatted Markdown as you are typing it inside the text box. It's quite similar to a WYSIWYG editor.

Pro Imports and exports many formats
HTML, Word, TeX, PDF, ePUB, OPML.
Pro Works on Mac OS X and Windows
Pro Integrated file library
You can add directories to the sidebar. These directories can be from cloud services (like Dropbox for example).
Pro Advanced Markdown support
Smartdown supports Critic Markup and MultiMarkdown flavors of Markdown that add advanced functionality, like tables, footnotes, etc.
Pro Customizable
The app can be themed and the layout can be changed around.
Cons
Con Overwrites standard Markdown
Editing a preexisting Markdown document overwrites standard markup in it (for example, interpreting headings marked with leading "#"s and rewriting them with a trailing underscore line), adds extra blank lines between all paragraphs, and adds extra spaces at the head of unordered-list items.
Con Spell checking is not activated by default
There's a built-in spell checker which is not activated by default and is quite hidden.
Con Limited choice of built-in themes
You can download the CSS for these themes and create your own, but would be nice to have more flavors (e.g. GitHub)
Con No word count in older versions
Word count is present in Texts 0.21, at least.
Con Not Free
Smartdown costs $19.99.
