at 14psi it is like running full preload (ie almost a rigid suspension) and you will have very little travel. basically you are putting the fluid under pressure and since it doesn't compress it will in-turn put added resistance on the spring as it moves through the fluid (thus also compressing the gas in there as well - it is not a traditional preload in that you are compressing the at rest height of the spring - really you are just adding more resistance to its movement).
Actually, that isn't quite true. Air is compressable and the air in a fork acts as a spring. When I ended up using the full 14 psi in that fork, it is because over time and miles the stock springs were getting sacked. Even at 14 psi, I was using up more than half the fork travel just sitting on the bike. It was far from rigid. When I installed the Progressive springs, I found that 0 psi worked fine and the added benefit was less stiction and a more compliant fork.
this is kind of what I was trying to say but wasn't doing a very good job of it. The air is compressible and is a sping, but the more pressure you put in the less compressible it becomes. at 14psi the recommended max pressure there is still a lot of give but you are using most of it up putting weight on the bike. MY 900F forks are very stiff with 14 psi (I run them at 0psi because I run 15w fork oil and like a cushy ride) but only after I have my full weight on the bike.
stiction in a motorcycle fork is a binding of the fork caused by the tubes being offcenter from the sliders (usually caused by lateral loads and distortion). I don't think it is the right term for what you are talking about here. Stiction in physics is a threshold force necessary to overcome the static cohesion of two objects pressing against each other.
Air in the fork actsl like a spring but what does it press against? The fluid in the fork, the walls of the fork itself, and the spring. As the chamber gets smaller, the air becomes more and more compressed and works against the compression of the actual spring in the fork. It also presses against the fluid and makes it more difficult for the spring to pass through it since the fluid cannot compress but it's natural tendency is for the leve to rise as more coils displace it.