It'll start to slip before it smells too bad. But the smell will come eventually. Sounds pretty obvious so far to me.

I've been told by more than one person the best way to test a clutch for slippage is to leave the brake on from dead stop and put it into 5th. Gently let off the clutch...if it does anything but try to stall you know the clutch isn't holding as well as it should.

that about describes what'* going on with it

edit: still no smell, still stalls maybe once every two weeks due to clutch slippage.

ill try it

If it starts to burn out, DO NOT put it in a garage. No wind to carry away the burnt rubber/metal/oil type smell. :?

Almost as bad as when your car starts to burn Blinker Fluid, watch out.

just filled my blinker fluid yesterday