It must be in the kernel. Else implementations of stuff with human-derived semantics should move out of the kernel, but moving SMB into userspace would of course be ridiculous
So it complicates any mapping of filenames to data structures in the kernel (all 3 of them?), big deal. Every popular desktop operating system supports it, and basically the only reason Linux does not is a mixture of FUD and fear that we may need to update the code at some point due to changes in human culture, the horror!
Meanwhile, typing "cd music" in a terminal need not print "Command not found" when there is clearly a folder named "Music", like the $3k worth of gear in front of me had the complexity of some 1950s b-movie scifi robot