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Originally Posted by REN69
Are you sure the pulley is not just lose? You usually have to losen them up to take the belt out, so it could be maybe the bolt was lose, the pulley moved and the belt came out.
BTW, we use Km's in Canada. 
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Nope...the actual pulley is held on to the balancer by being forced over a rubber belt for lack of a better description and the pulley has walked off of said rubber belt. I'm not confused by the construction as my Jeeps are equipped the same way but I have never seen one let go before. The actual core of the balancer is still bolted firmly to the crankshaft but I have almost got the pulley section off by hand it has moved so far forward.
I know what I have to do to replace it and was essentially asking if it was a common ocurrence and maybe a ballpark $$$ for the parts.
as for the m/km thing...I'm old and set in my ways