Gates claims their belts do not stretch over their life, so theoretically speaking you should not have to adjust the tension (which appears finicky).
I'm interested in anyone with real world experience. Do you ever have to adjust the tension of the belt, apart from when you have to move the back wheel for another reason, such as to change a tyre?
Gates, who make the belts have a FAQ. I can't get a direct link, but if you go to http://www.carbondrivesystems.com/support.php under the question "What are the benefits to the Carbon Drive systems?" this is part of their answer.
No Stretch – The Carbon Drive belt does not stretch over time like a chain. This means you don’t have to re-tension the belt, or replace the belt due to stretch. This also means no excessive wear on pulleys due to stretch.
Does this claim hold up in practice?