On tape equipment, belts are extremely critical. O-rings have the wrong resiliancy.
A square-cut or flat belt should be stretched about 3%-5% between slack and "on the pulley," depending on belt elasticity. For low wow-and-flutter on a cassette deck, a flat belt should be no thicker than .025" -- and, if possible, .020". (Reel-to-reels can handle thicker belts.) I have proved this literally thousands of times on a Leader wow-and-flutter meter.
The PRB catalog was largely assembled from feedback from repair companies that mainly serviced TV's and did audio on the side. Many technicians who were mainly video specialists preferred tight belts, and knew little or nothing about the relationship between belt thickness and wow-and-flutter. The result of this was literally millions of damaged bearings on cassettes, reel-to-reels and turntables, accompanied by a persistent, audible wavering of the speed.
Fred Longworth