As I mentioned before, it uses a reeves drive which has axial spring pressure to compresses the sides of the belt decreasing the chance for slippage. Off the top of my head, the reeves system gives ~7:1 max ratio and their gearbox gives ~12:1 fixed ratio.
So for practical purposes the concerns about "belt slippage" are nil as the factory is using belts at both ends, and those reeves drives aren't exactly known for being "slip free"... The Reeve gives you a slight variation in SFPM for different metals but the saw is less than ideal for cutting wood.
All design parameters clearly driven by the selection of an AC motor which lacks torque, and needs to run at full speed to perform optimally. Completely understandable in a factory environment running on three phase; not a limit for a home hobbyist.
Treadmill motors being AC/DC designs have tons of torque, are variable speed with minimal loss in torque, and moreover develop well over 2 HP total, so are more than powerful enough for the job...
Nines, if you want, you CAN use a TM motor, and
one jackshaft. You can get there easily with the pulleys you have. The jackshaft needs a 10" and a 3" and you can get to 200 SFPM at 750 RPM. A cake walk for a TM motor.
You will be more limited at top speed to about 1000 SFPM (depends on the particular TM motor) with those pulleys. An option is to run a double pulley with maybe a 4 & 6 on the motor, and an 10 + an 8 on the jackshaft and you can get to at least 2500 SFPM with a quick belt change. - Mount the motor on a hinge so its weight does the belt tension, and you just lift the motor and move the belt to the second set.
So now you have two options.