By main fan belt do u mean the belt that goes around the shaft and turns the flat disc? Yes it could be worn and replacing wouldn't be a bad idea. I'm not sure if the tensioner system on yours is the same as my older ones but if so there's a spring that attaches to the tensioner and goes to the deck. That's an easy cheap replacement to fix lack-of-tension. As for bigger wheels, I'm guessing u have 8" front and 10" rear. A new set isn't exactly cheap, about $80 for steel. I don't think they come any bigger but could u add some height by setting the height adjusters past the highest setting? They would be basically one notch beyond that highest setting. Just an idea.