I started tearing the X apart this morning. The PO has no idea if the timing belt and/or water pump have ever been replaced and the car has 131K on it. I have a factory service manual, which I plan to follow when setting belt tension, but I was just curious if it is normal for the belt to have so much play in it. I can easily slip the old belt right off the cam pulleys. Did I just narrowly avoid catastrophic engine failure? Thing is that the belt looks perfectly fine. I'm waiting for the coolant to finish trickling out of the thermostat housing. Then I'll remove the lower cover and see what the tensioner bearing looks like.