I sure wouldn't worry about missing 4
♥ on board 2. You are not vulnerable so there is no need to push for a close game. I would, however, agree that the S hand is (barely) worth 3
♥. Aces are wonderful cards, and are woefully undervalued in the 4321 point count we are saddled with. 4321 has the advantage of being easy to count, and the ACBL (and other NCBOs I think) have enshrined its use in convention cards, etc, but it is only an approximation to the trick-taking potential of cards. As one advances in one's understanding of the game, one leaves behind point counting (including adjustments for distribution) as anything more than the starting point of valuation.
So to me this is a GREAT 14 count because: I hold 14 hcps, I hold 3 Aces (6 controls), I hold a decent 5 card suit (opposite xx I have an excellent chance of 3-4 winners), I hold 4 trump and I have a stiff.... and the stiff is a low card! xxx AJxx AJ10xx A is nowhere nearly as good a hand, yet most point-counters would say it is the same hand
If I were to use a numerical valuation, I would probably do it as follows: the hcp, being in my long suits, are upgradable.. My Aces are upgradable, even my Jacks (which are overvalued by 4321) are pulling full weight because they are accompanied by other good cards in their suits (honour combinations are worth more... the whole is greater than the sum of the parts) and I have a potentially valuable stiff... which translates my small trumps into potential winners... so I'd value this at least as highly as, say, KQx Axxx AJxx Qx (now, I know I would have opened that 1N, but the point is that this 14 count values at at least 16)
But, as North, I'd have passed 3
♥....I have a high card minimum, a usually non-working stiff and only 4 trump. Plus 4441 hands usually play at less than their hcp estimation predicts, not more.
So I miss a non-vulnerable 20 hcp 4-4 major suit game at imps. No big deal.
'one of the great markers of the advance of human kindness is the howls you will hear from the Men of God' Johann Hari