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I had a few quick questions regarding the Forgeworld Rules for both Sevrin Loth and Carab Culln

Regarding Sevrin Loth, how does one go about resolving his armor? You don't generate warp charges at the start of the turn anymore. Would it mean to remove one of his automatically generated Mastery Level dice from your power pool later on, or what?

Also, Carab Culln's sword has the Smash special rule. I was given to understand that Smash automatically made you AP2, and granted you the ability to make a half-attack, double-strength attack as well. Wouldn't he throw all his attacks at AP2?

For Sevrin Loth, you'll have to e-mail Forgeworld. Unlike GW, they will actually give you an answer.

With Culin, yes, all of his attacks (except HoW) made with that sword are AP2.

There are several FW space marine characters with the "Smash" problem. It seems FW intended the character to strike at AP2 only if they "Smash", even though Smash gave and still gives you AP2 at all times.
About Loth if they go the GW way any power that doesn't work anymore got axed, hopefully they'll FAQ/Errata it

Loth, not sure, I would guess you just get an extra Warp dice, it will need a FAQ.

On Cullin, he now has all attacks at AP2. But can for go all other attacks to make 1 attack x2 Strength that can re-roll armor pens.