This is big news in the world of indie publishing. I have an account at both places, so I’m not sure how this will play out. I have been using D2D for my pen name and paperbacks. Smashwords has been for ebooks. So wow. I hope the transition won’t get complicated.
There’s going to be a live Q&A on Feb. 9, 2022 at noon Central Standard Time (US time). I’m not sure what that translates to in other countries. The event will be on You Tube and Facebook. Here’s a link to the live event.
There is an initial FAQ about this transition on the Smashwords site. I’m sure D2D has one, too, but Smashwords is where I just uploaded a book, so it’s the one I ran across.
Ruth Ann Nordin's Author Blog 
I’ll be using Draft2Digital for The Pure World Comes. This could make things interesting.
I expect the transition to be a good one for indie authors. D2D will be absorbing Smashwords, so things will transitioning in that direction. I suspect there will be very little change on D2D itself. D2D authors will soon have access to the Smashwords store, and it sounds like D2D will revamp the look of the site. I think this is a win-win on several fronts. D2D doesn’t have a current storefront but could benefit from one if they want to run sales with coupons, and Smashwords does have a really good series manager. D2D, on the other hand, offers print (which I love), easier upload for formatting for authors who hate the Meatgrinder, the ability to automatically add the back matter at the end of each book (which I wished for years that Smashwords had), and having multiple pen names under one account (rather than having to have a “publisher” account).
Sweet. That’ll be good for what’s to come (not the Pure World, obviously).
LOL I love that joke! It’ll be fun to see the book when it’s out!
I’ll be sure to keep you posted on that.