Ryan, the first thing I checked when I heard the squealing was the ps pulley to make sure it was spinning. Oddly enough, that is the only place I don't have belt dust.
fiveohpatrol: I have been a member over at SCH for quite a few years. Only had one person reply over there about this. The 8" crank pulley on the older style Novi1k is suppose to be good for 13-15lbs and I need all I can get at this altitude! I'll have to pull the belt back off and make sure everything is spinning correctly. I went to start the car yesterday to check it again and the battery was dead
I will probably look into getting an idler pulley in place of the ps pump and hook the 2 lines together. So long as the rack won't self destruct because of this, I am not too worried about it not driving as nice. It is becoming a track only car.
Thanks guys. Any more suggestions are appreciated!