Well I definitely could've seen him activating Treggs and inactivating Smallwood.
Though, ya. I kinda think it's bullshit too.
I dunno I can't see Smallwood getting deactivated. He's a part of the future, after next year I think he'll be the only current RB on the roster with Sproles retiring, Mathews off the team, and Barner 29 and probably looking elsewhere. Smallwood will continue to get touches, hopefully more than just the 1 he got last game with the fumble.