Only one cogged belt and that drives the tape spools and looks to be fine.
I have managed to get a picture to appear on the TV, but only in black and white, and now with about 4 or 5 hours of the tape running and rerunning a few flashes of colour have begun to show, but picture quality is very poor.
What seems to be a problem is the SP and LP tape speed indicators keep flicking between the 2 and you can see the tape slow up for a moment or two.
Not sure if more lubrication is needed, But I have found the two tape guide spindles and the one that is after the tape has gone around the tapehead, it is ajustable, less than a quarter turn and you can see the difference on the screen.
Agavegeoff from Uk again., January 2009