I don't know why people seem to think Smithing takes ages to level, it's incredibly easy to level. My character's highest skill is Smithing, it's in the 60s somewhere. I've spent a while doing it, but seeing as you can just buy all the Iron Ingots/Iron Ore (to then smelt into Iron Ingots) from all the smiths in the world, you can make a hundred Iron daggers in the blink of an eye and go up about 15 points in Smithing.
And trust me, when you're running around in a full set of self-made (and self-Enchanted
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) Orcish Armour, it's definitely worth it. Smithing is one of the best new things about Skyrim.