[psychII]

I am in need of some answers and opinions regarding TB/WP replacement.

My new to me (2 months) 86.5 came with a receipt dating 2004 for a timing belt/water pump replacement. While browsing the engine bay today, I pulled off the air intake tubes and peeped into the TB vent. It appears that the belt has migrated to the very edge of the cam. While still being new to the 928, I know enough to feel that this is not good and I do not plan to drive until corrected.

My question is, when I tear into it this weekend, what in particular should I be looking for that would cause the belt to migrate? Worn bushing, bent bolt?

As far as opinions, can I get by with replacing the belt and what ever is worn/broken, or do I need to do the complete system? I ask because I am going on vacation next week and 928 funds are limited and the water pump is still fairly new. I don't mind having to go back in sooner than later in the likelihood it seizes or develops a leak.

Thanks in advance for your suggestions.

Chris