Well I've put about 35-40 miles on the POS and only had to tighten the belts up once after about 10mi, but they seem to be pretty tight about 25mi later. So my belt issue is definitely better if not resolved. Probably a trip on the freeway and another 50-100 miles will tell for sure.
I do get some squealing, but I'm almost certain it's my power steering belt. The pulleys are not shaped correctly and the PS belt rides very low in both the water pump and power steering pulleys. I may try to find a set of junkyard pulleys in the future, but it's an "optional" belt so if it melts or blows off I'm not too worried about it :-)
Thanks for all the help and advice guys! This belt problem had me really frustrated for a long time. I felt like taking a baseball bat to the car on several occasions, and I'm a very level headed guy who is NOT prone to losing it!
And while you're reading :-) ... My right blinker blinks REAL fast. I noticed in the garage the other night that the front and rear blinkers blink out of phase with each other (i.e. front on, rear off, then front off, rear on, etc.) Something about the electrical load difference makes it blink so fast that the bulb barely has time to illuminate. Any wild guesses? It sounds like someone wired something wrong or put in an incorrect relay?
Thanks,
Ray