Ok...so I just bought my 94 SHO witht he 3.2L and the first day I had it the serp belt was shredded. It didnt snap, I assume that it slid over the edge and got carved up that way due to a bad bearing or tensioner pulley. I got a new belt today and put it on and when I did I found that the tensioner pulley had more than enough tension to keep the belt tight. In fact, I had to put a decent amount of downward force to get it on there. When I started the car it squealed for a minute or so and then went away and the belt was riding on the pulleys nicely. I turned the wheels all the way to the left and right and had no slipping or shuddering to indicate that the belt was off. I drove to work perfectly fine, but when I came out from work and started the car it squealed again and on the way home it started to shred the brand new belt. Luckily I live close enough that I limped home keeping the RPMs down so not to be stranded. I assume that one of the pulleys is bad or that one of the bearing are bad? possibly even the bearing in the tensioner? If anyone has any insight I would be greatly appreciative. Thanks