None of us were in the truck, so we only have the abbreviated story to go by. The oil light came on; he pulled over. Did he shut the engine off and allow what little oil remained to settle to the bottom and then restart the engine at idle, with JUST ENOUGH oil to keep the light out? Perhaps. Also, he got 5 quarts of oil to top it off before driving 30 miles. But where did he get 5 quarts? No one I know of drives around with 5 spare quarts in the bed. So he probably drove a short distance with the oil light on (again) to get that 5 qts. Or maybe not? We simply don't know. Even after adding oil, the engine pooped the bed; probably because the 5 quarts he added came way too late. What we do know is that engine was run for a significant amount of time with no oil pressure; several minutes or more would be my guess. The way the bearings were just obliterated doesn't happen in 20 seconds of no oil pressure. That engine ran (nearly) dry for quite some time. And so the heat and drag on that oil pump belt was WAY more than what it would see in a long time span, if ever. So my point was that judging the belt's condition as if it were "normal" wear and tear is not at all applicable in this case.
I worked for Ford for 16 years; I know all about the Pinto. And if you think Ford is the only company to have ever made a fiscal decision regarding product cost vs safety, well, you're not in tune with what happens in the manufacturing world. These decisions happen ALL the time. Vehicles, appliances, medical equipment, power tools, etc etc etc ... Anything we touch as humans has a cost vs risk assessment.