The belt is a nice idea but probably wont go far. It will be smoother turning, and thus more efficient. It will also be whisper quiet, lol, a stealth bike. Single speed cruiser/commuter bikes yes, multi speed nope, they would need to use a multi speed hub. No hazard ? pants could still get caught in the nubs and then between the belt and cog. The belt will still attract dirt and road muck still lending itself to gettin yer pants leg a lil dirty.