I'm not so sure Furman offers Series Mode Protection, at least not in the PST-8. I think there's some creative marketing going on. For them, SMP stands for Series Multi-stage Protection. And here's how they describe it on their website : Furman’s SMP circuit which incorporates Linear Filtering Technology (LiFT) and a high current TVZ-MOV to insure that any electronic device (including televisions, projectors, CD-DVD players, or computers) is fed clean, filtered AC power.
So it sounds like there is a "series" of 2-3 protection features they call "multi-stage" protection. Take note that they say they're using an MOV also.