Jin Yong remains the world's most popular wuxia writer, and SMILING PROUD WANDERER is one of his favorite works among fans. So far, I haven't encountered another Jin Yong/wuxia fan who doesn't like SPW, and my dad has long said that it's his favorite wuxia story ever.
I, personally, have never liked SPW.
Maybe I'm just an odd duck. I've liked all of the other Jin Yong works to which I've been exposed (yes, even ROCH, even if I can't stand the protagonists), but I just can't seem to get into SPW. SPW is just...different, somehow, from DGSD and the CONDOR HEROES TRILOGY stories that I enjoy. DUKE OF MT. DEER is different too, but the differences of DOMD *work* for me. The differences of SPW just don't, for whatever reason.
Some might argue that it's because I've only been exposed to bad adaptations of the story (TVB's 1984 adaptation with Chow Yun Fat, and that Sam Hui movie from the early 1990s)...that if I were to watch a better adaptation (TVB's 1997 remake with Jackie Lui) or read the novel (yeah, right), I'd like it better. They could argue that, but even with a better adaptation or the original novel itself, there are still a few hurdles I can't overcome with SPW:
1. Castration martial arts - I just find the whole idea disgusting, ridiculous, and repulsive.
2. Androgynous villains - They creep me out. Granted, we see androgynous villains in some Gu Long works that I like too, but those villains seldom dominate the story. They usually appear and briefly threaten the hero before being killed off. In SPW, the androgynous guys tend to be THE MAIN VILLAINS, which means you need to put up with them (one after the other) for episode after episode (or chapter after chapter).
3. DGSD, THE CONDOR HEROES TRILOGY, and even DOMD (remotely) fit in together as part of a greater Jin Yong mega-saga. SPW, though ostensibly in the same continuity with these other stories, just seems...an odd fit with the others, somehow. SPW sort of works with DGSD, but doesn't work well with THE CONDOR HEROES TRILOGY at all.
4. This is a minor complaint, but Ling Wu Chung spends too much of the story injured for my taste. I prefer my wuxia heroes to be up and fighting *most* of the time, not dying of one injury or another for most of the story.
All of these factors have turned me off to SPW, but I don't know if there's a single other wuxia or Jin Yong fan out there who shares these opinions.