well, heres the latest.
i didnt get ahold of Guardian Warranty Corp today, but i got ahold of Merlin at st charles
Timing Belt 55.73 w/o discount 148.61
water pump 148.61 w/o discount 174
belt tensionor rod 73.69 w/o discount 86.69

warranty company isnt wanting to replace water pump, im thinking it will go out with the new belt, and more tension, so that will be a failure and another deductible. i think 148 bucks is pretty good price, although water pump is covered in warranty. it just hasnt failed so they dont want to replace it.
the factory timing belt worries me, since it failed early, but yeah, i agree trekker, i will probably go with factory part.

NOW, anyone know about this tesionor rod??? is this the part that would fail, or wear out??? the tensionor is not covered in the warranty. Merlin seemed to think i would be in pretty good shape if i just replaced this rod. Does that make sense to you guys? i really dont know.

Tone, so you are saying its interferance!?! I thought i read in other post that it was NON interferance. THAT would change everything.
warranty corp DOES NOT cover diagnostices but valves, guides, "all internally lubricated parts" ARE covered.
hmmm, i gotta think about this some more on this "interferance" issue.......

thanks
david