People often use different definitions of the word "smooth" when it comes to opening folding knives. I personally think a knife blade can be very tight and take a lot of effort to open, yet still have a smooth, polished action. The opposite of smooth by this definition is "gritty". When you have a rough, gritty opening, you can hear and/or feel parts rubbing against the liners or blade, or grinding against each other. A blade might be easy to open, but still be gritty, even after the knife has been thoroughly cleaned.
A new Sebenza will likely be difficult to open (more force has to be applied to the thumbstud), due to the remarkably tight tolerances, but it should still be smooth. Both liner locks and frame locks have the potential to open very smoothly because, aside from the washers (and bushing in the Sebenza's case), the only part that rubs against the blade is the bearing in the lock bar. As another poster mentioned, the ball bearing will eventually burnish a path along the blade and create an almost frictionless feel when the knife is opened.
It's been awhile since I've handled an Axis lock. The only one I've owned was a 707 (which I really liked, BTW). The Axis lock opens a lot easier than a Sebenza, but I could detect a little hint of grittiness in my Sequel. There are more moving parts rubbing against each other in an Axis lock: the axis bar pushes against the tang, rides back and forth in the slots in the liners, and also causes the omega springs to scrape against the liners. After I took the Axis lock apart and lubed everything (putting grease on the omega springs helped a lot), it had an extremely smooth opening, but it still wasn't quite as good as my higher quality liner locks or Sebenza.