Was Mike Smith's decision to punt the right one?

I think it was a pretty bad decision. At worst you give them the ball at your own 43 which would be a 60 yard field goal, so the Saints would still be about first down away from field goal territory. And in either scenario if you let the Saints get a first down it's just about a gameover. Might as well give Matty Ice one more chance to stare down Roddy White and Tony Gonzales hoping to get lucky.