Hi,
From our experience, when involved with LDMCC post war spares, there were a few instances where members reported smokey engines, but these were mostly attributed to incorrect clearances on the bore. Providing you have the bores machined to the correct clearance as stated on the leaflet that came with the pistons, you shouldn't experience any problems. Mr Douglas always made his bores to size (60.8mm = 2.394") with the clearance allowed for on the piston. Some reborers have been known to allow the clearance on the bores (which results in excessive oil consumption).
The reports you have heard of poor machining probably date back quite a few years when JP suffered a change of management and quality seemed to suffer somewhat. From our experience, the problems seemed to be with the rings rather than the pistons themselves.
Regards,
Eddie.