WOW! Smoke from within the chassis? Something in the bias stage went astray. Even if you over biased accidently (within reason), it would not cause this. There is the posibility that you have a bad bias pot and when adjusting it for the first time in a long while, brought out a problem that was lurking within. Do you have a digital camera to take a close-up PIC of the inside of the amp in that area? You will probably be able to visually see the problem if you take off the bottom plate and look inside. Being a "newbie" I would not recommend touching anything.
Even a bad tube or resistor would not normally cause this type of situation. Being the older design, I don't recall if you have the circuit board or point to point wiring.
On the "2 signal tube" versions, 30 mV is the recommended bias setting. Just in case anyone has seen my post about biasing the 102B's at no more than 20mV, as stated this is only for the newer "3 signal tube" versions.
Feel free to keep me posted on what you find. I am more than willing to help you in this.