That's too loose. Did you torque down the idler pulley and tensioner pulley? Did they come loose? I wonder if the belt's damaged and was stretching like a rubber band.
If the torques check out then I'd get a new tensioner spring (~$5 or so) and a new T199 timing belt from NAPA or O'Reilly (that should be a Gates belt but I'll take an Italian Dayco too). Gen 3 is tensioned at TDC. Manually rotate the engine 4 revs after torquing and double check the marks. Yeah, these manually tensioned engines aren't the easiest to set properly, but they cost less to make than using automatic tensioners.
T138 belt is for the older Gen 3 engines. It's superseded by T199. T138 uses a cheaper rubber (neoprene? nitrile? not sure) and T199 uses highly saturated nitrile rubber (or HNBR, Hydrogenated Nitrile Butadiene Rubber) that can stand higher temps better. But I'd still change both of them at 5yr/60K miles.
If the torques check out then I'd get a new tensioner spring (~$5 or so) and a new T199 timing belt from NAPA or O'Reilly (that should be a Gates belt but I'll take an Italian Dayco too). Gen 3 is tensioned at TDC. Manually rotate the engine 4 revs after torquing and double check the marks. Yeah, these manually tensioned engines aren't the easiest to set properly, but they cost less to make than using automatic tensioners.
T138 belt is for the older Gen 3 engines. It's superseded by T199. T138 uses a cheaper rubber (neoprene? nitrile? not sure) and T199 uses highly saturated nitrile rubber (or HNBR, Hydrogenated Nitrile Butadiene Rubber) that can stand higher temps better. But I'd still change both of them at 5yr/60K miles.