Smearing on Epson R-series isn't too bad if you let the CD dry well (at least an hour indoors with A/C or more if you can) before you handle it. Yes, it will smear if it gets wet, but not as bad as older ink-jets.

Lightscribe does not begin to compare for presentation - harder to read, no color, looonnngg burn times.

What we need is a commercial spray product designed specifically for this application - as long as it didn't gum up the CD player it'd get my dollar!