I found this on WIKIpedia.com:
Lack of common interpretation
Many motherboards display a warning message when a disk drive is approaching failure. Although an industry standard exists among most major hard drive manufacturers,[3] there are some remaining issues and much proprietary "secret knowledge" held by individual manufacturers as to their specific approach. As a result, S.M.A.R.T. is not always implemented correctly on many computer platforms, due to the absence of industry-wide software and hardware standards for S.M.A.R.T. data interchange.[citation needed]
From a legal perspective, the term "S.M.A.R.T." refers only to a signaling method between internal disk drive electromechanical sensors and the host computer. Hence, a drive may be claimed by its manufacturers to implement S.M.A.R.T. even if it does not include, say, a temperature sensor, which the customer might reasonably expect to be present. Moreover, in the most extreme case, a disk manufacturer could, in theory, produce a drive which includes a sensor for just one physical attribute, and then legally advertise the product as "S.M.A.R.T. compatible".