ok i'm assuming you meant 140psi? 14 is rather low ;o)
as for the ring job, what type of rings did you install? if they were chrome rings sometimes they take a while to seat and you will get some oil smoke at first, if moly rings they too take a bit to seat but usually do a lot quicker. The engine may have to run for a bit for them to seat well enough. If you run a 10/30 oil wt the rings will seat faster, then you can change to the heavier weight oil after the rings seat.
I've seen some engines smoke quite a bit at first due to new rings but generally they seat fairly quick (within a couple hrs runtime).