Hands down the best bbq smoker available in the under $400 price point is the Weber Smokey Mountain aka WSM. It's bullet shape is proven, reliable, and affordable.
|Weber Smokey Mountain|
I've had mine since 2001 and it's still going strong. It's compact, lightweight and functional. Charcoal goes in the bottom, a water pan in the middle and two cooking grates in the top half of the cooker.
Some may argue with me that a kettle grill isn't really a smoker. They would be right - it's a grill with versatility to be used as a smoker too.
|Weber Kettle Grill|