I would like to see a few smaller events under the SMASH! banner. Not mini-cons, like Animania does, but events that either have a smaller focus than the broad anime/manga/VG/Japanese culture remit of the main convention, or things that are more tangentially connected (perhaps this is where the "western graphic novels" stuff could come in).
This might include events that take place close to the convention - maybe on the same weekend - like the already-suggested concert and party, but also other events throughout the year. Is there any interest in a model-building convention? Drawing workshops? One thing I'll expand on in another suggestion is a public screening.
@matt: Relevance? There's no use saying 'There might be something being organised!' and not elaborate. It's rather frustrating to read.
Either you know what it is, or you don't.
@Matt: Don't spread knowledge you don't fully know of yourself. If you were on the Exec board yourself, then by all means. But you're not. Please keep what flawed knowledge you have of the inner workings of SMASH! to yourself. Announcing that you know something the general public doesn't know will only serve to seriously p!ss people off. Nobody cares what you think you know- you're not on the committee so your credibility is rather unsound in this specific regard.
And take Rob's word for it- he's actually a part of SMASH! and even he's shot your little revelation down.