Only certain games have shown negative bias so far as dealing with SMT is concerned, nearly every other application, whether lightly threaded or not, has shown gains from AMD's version of SMT better than even Intel's HT which btw is over five gen old.
The games themselves could be better equipped, with patches, to handle SMT & I believe there'd be a dedicated patch for Windows (OS) as well.
Have you seen any reviews where they test the efficiency of the SMT (not just in games)?
I've looked, but not seen anything.