Hartridge Fuel Injection Pump setting machines, and those of other manufacturers, used expanding pulleys (with interlocking "fingers" at the smaller diameters ) to provide a variable speed drive. The early Majestic models were 5 hp, followed by the 10 hp version and probably even greater power in the later machines such as the 2500. They ran nearly all the time, with speeds being varied every few minutes, during the working day. I was never aware of belts being changed because of wear; and injection pumps cause some pretty big and sudden torque peaks each side of the actual injection point.
So, I would be surprised if a one degree difference in angle between the belt and the moving pulleys, on a drive with far lower torsional oscillations would give rise to many problems..
In contrast, my RF 25, with fixed speed ratio drive, shredded a primary belt within 6 months of hobby use, because the motor was out of line. Once aligned, the replacement belt is still going strong nearly 20 years later.
Suck it and see!.
Howard