I think it would be a great improvement.
I like to have no smoothing while walking (because mouse smoothing is uncomfortable for me while walking inside buildings), but while i looking trought scope i really need smoothing to be precise.
So there could be 2 smoothing adjust bars in menu, one for smoothing while aiming (while looking trought scope) and one for smoothing while no looking trought scope. This option would add more flexibility to mouse controls so everyone could adjust smoothing to his own preferences.