Thanks, Bill. It's been awhile since I pulled that balancer and I'm not sure what was turning what. I just knew that I had to have the balancer for what I wanted to do.
The way I'm using it, I have both belts on the water pump and on the balancer along with the A/C in the third spot on one belt and the alternator on the third spot of the other belt. It's a nice clean looking set up.