well if u wana use fixed output voltage of a smps power supply to get some lower voltage there are no problems.
but i wana name disadvantages and advantages of linear and smps power supplies
first linear:
advantages: lower ripple, almost no electromagnetic interference, very low harmonic frequencies, easy to design, very low chance that ur device will die coz of malfunction of power supply.
disadvantages: Heat generated into the transformer and output transistors, lower efficency since ohms loses, large peak current when turned on
Smps:
advantages: extremly higher efficency, no loses generetarded trou ohms heat, smaller size, lighter
disadvantages: ripple voltage at switching frequency, harmonic frequencies due to switching frequencies, extremly large peak current when turned on, extremly hard to desing a good spms and higher costs, electromagnetic interference which needs to be supressed(extra electronics) , if fails it can destroy stuff if not properly desinged (extra electronics).
bottom line yes SMPS are generaly better but when u want stable voltage and current for some high end supper sensitive stuff u need linear one or EXTREME enginering SMPS one then it becomes matter of cost vs efficency and cost wins linear one for now ...