http://www.youtube.com/watch?v=3zyjyVUoe6c
someone asked scottykilmer in the comments section of that video if timing belt stretchs like chains and he said:
"na, they stretch like mad and make the car run weird when the do in some models"
but it looks like no one here agrees with him. lol
Kilmer may be right for
some models, I don't know. But I think he's flat wrong, unless those "some models" are really badly designed.
But the OP has a Honda, and the belts used on Hondas are NOT supposed to -- and do not -- stretch even a little bit. Our family also has a Tercel, and that belt doesn't stretch either. I know this because the slack on the belts I've done does not change from installation to replacement.
Toothed rubber belts are/were used for a long time on engines specifically because chains DO wear and stretch. In this age of emissions compliance, chain-stretch means valve/ignition timing that slowly goes out of spec, increasing emissions. Since belts do not stretch, that's one source of increased emissions eliminated. It's true that automakers are slowly moving back to chains for reasons of reducing maintenance requirements, but engine controls are now sophisticated enough that they can compensate for wear and stretch.
The toothed, fabric-carcass belt used for timing engines is NOT supposed to stretch. The exact same type of belt (made by the same suppliers!) is universally used on the computer-controlled X-Y plotters used in my industry, where precision is a life-and-death matter. If the belts stretched, we'd all be out of business. Those belts BREAK, especially if overtightened, just like automotive belts.
Personally, I believe Kilmer is talking out of his hat.