You missed the important bit in that link though, Entwood:
For example, if the static compression ratio is 10:1, and the dynamic compression ratio is 7.5:1, a useful value for cylinder pressure would be (7.5)^1.3 × atmospheric pressure, or 13.7 bar. (× 14.7 psi at sea level = 201.8 psi. The pressure shown on a gauge would be the absolute pressure less atmospheric pressure, or 187.1 psi.)
Dynamic compression ratio is going to be lower than the stated static compression ratio - I've no idea how much on the Omega but let's assume it's similar to the example above and our static 10.8:1 drops to 7.8:1..
In that case: (7.8^1.3)*14.7 = 212.3psi
As your quote says the number measured by spinning it on the starter motor will be lower than the number we'd see with the engine running, so perhaps the dynamic compression ratio is actually lower than 7.8:1, but I know I'm not capable of calculating what it actually is..
Suffice to say, the exponential factor (1.3 in the example above, further explanation is in the link) is the reason why the measured pressure is higher than multiplying static CR by 14.7 would imply.