It is my understanding that smaller format cameras have greater DoF because they usually have shorter focal lenth lenses than their full frame brothers, and not because they are smaller format.
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This is the sort of circular argument that doesn't get us anywhere. I'm using a short focal length lens because my camera is a small format. The greater DoF is due to the fact that the lens has a short focal length and has nothing to do with the format.
There's a self-evident truth here if you are referring to the DoF of the aerial image projected by identical lenses used with different formats However, if you are referring to a finished print of a given size, there's a lot more going on which influences the final perception of DoF as well as the manner in which it is calculated, specifically choice of CoC.
Let's take a concrete example and compare 2 currently available cameras of different format, the new 10mp Canon G7 P&S and the older 8mp EOS 30D DSLR, both of which can use 10mm lenses.
Your argument would be, if I've understood you, that in principle a 30D image cropped to the same size as the G7 sensor would exhibit the same DoF on equal size prints, both shots taken from the same position, using not the same lens, which is not possible, but different lenses of the same focal length and at the same f stop, say f4. Is that your position?
The 30D sensor is approx 340.5 square mm in area. The G7 sensor (7.18x5.32mm) is approx 38.2 square mm. If I crop the the 30D image to the same size as the G7 image, the resulting image is less than 1mp.
The G7 lens is certainly going to be a lot sharper at f4 than the EF-S 10-22mm at f4. The 10mp G7 image at the focal plane is going to be a lot sharper than the 1mp 30D image (actually only 900kp), yet the OoF parts of both images will probably be quite close in definition or degree of blurriness.
If I make A3 size prints from both images, experience tells me the G7 print will have noticeably
less DoF than the print from the heavily interpolated 30D image which will probably beging to resemble an image from a pin-hole camera.