While I can enjoy different rappers for different reasons, even Lil' Wayne occasionally, suggesting that Wayne's lyricism is smarter than IT's is absurd. Your opinion betrays an ignorance of the significant and important role sociopolitical critique has traditionally played in hip hop. IT is easily the smartest rapper/lyricist rapping today that maintains that tradition. Whether he is the most enjoyable rapper to listen to is a different story.
Perhaps, if you had more insight into the inner-city experience, the effects and causes of the drug trade and the negative consequences of American foreign policy (especially American involvement in South and Central America) you would have a greater appreciation for his work.
Given your assessment, I have my doubts that anyone would be impressed with your intellect if they had a listen to your bedroom raps. Luckily, they won't have to rely exclusively on these to evaluate your intelligence.