the Usage policy for the Drupal contributions CVS repository [1, 2] states:

DO NOT include code from a non-Drupal project in the repository. If your module requires non-Drupal code, provide a link to where the other code can be downloaded and instructions on how to install it.

this project, however, includes the smarty, soap (and more?) libraries. please (adapt the install instructions and) remove from the repository.

[1] http://drupal.org/node/103704
[2] http://cvs.drupal.org/viewvc.py/drupal/contributions/README.txt?view=markup