Ice Pick offers a new opportunity for smiths, as Razer said.
In officials, the typical way to level a Mastersmith in Pre-Renewal was by having a Zipper Bear Ice Pick and a soul link + full adrenaline then spamming High Speed Cart Ram on enemies. The most common place to get 99 was Thors with a water endow.
So defiantly, I support the reasoning that Ice Pick [1] should be enabled and that there shouldn't be a reason to disable it here. Thanatos is much more powerful than it even, and somebody already has it.