Originally Posted by Kshorg
My fav line against the morra gambit is :
1.e4 c5 2.d4 cxd4 3.c3 d3, i give back the pawn and White will have to play c4 at one moment, i think the position is ok for Black. 
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I recently purchased the Foxy Openings DVD on the Morra Gambit Declined by IM Andrew Martin, so I've been learning a LOT about the declined lines. That line is regarded as pretty good for white. White will play c4 and Bxd3 as his next two moves (in either order), then bring out the knights to c3 and f3, gaining pretty strong control over the center of the board.
The only advantage for black is that Smith-Morra players don't see this very often, so you get them out of their book preparation. At low-intermediate levels, this is probably worthwhile by itself.
I don't play the Sicilian as black, but I recently entered a Smith-Morra Gambit theme correspondence tournament on chess.com to practice it as white, so I've had to play it as black in half my games. Based on what I learned from Martin's DVD, my preferred line in the games where I'm black is to decline the gambit with 3. ... g6, but NOT play Bg7 right away. Follow it up with 4. ... d5, planning to play Bg4 to pin white's knight if he plays Nf3. Black then plays Nc6, Nh6, and Nf5 to attack d4, along with Bg7 and O-O. This works well if white just follows routine development and doesn't know how to handle this specific line.
I haven't actually played this yet, as I started my games in the first round of that tournament before I learned this much, so I don't have any examples. I'm doing pretty well in the tourney so far, so I should make it to the second round and get a chance to try this line then. I also want to transcribe the main lines from the DVD to give myself cheat sheets, so when I get to that section, maybe I'll post that here to show you what I mean.
--Fromper