I waived Steve Smith, he's useless in my opinion.
Then again, I'm in a 8-team PPR league, so there are plenty of options for WR depth.
My team currently holds Hakeem Nicks, Brandon Lloyd, and Jeremy Maclin. Plus Pierre Garcon (due for an increased role with Collie banged up and Clark gone for the year) and Steven Smith (NYG) so he was obviously expendable.
Either way though, Steve Smith (CAR) is not a guy you can start right now, he's coming off a tough injury, and is dealing with an inexperienced, inconsistent QB.
I happen to like Woodhead's dual eligibility at WR/RB, and he seems to be filling the Kevin Faulk 3rd down back role for the Pats. Lines in the 40/4/40 (rush/reception/Rec yards) might just be par for the course for him in the balance of the year. In PPR leagues that's a 12 point day, and 8 in non-leagues. He's a solid flex/bye week filler in deep formats in my opinion.