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How much more out of interest? You could easily spend £80 on a fixed drive train without thinking to much. Surely a beltwhip could be made out of an old belt no bother?

Velocio posted a price list from g-Boxx here: http://www.lfgss.com/post1240385-326.html

Front 46t sprocket 91 Euro
Rear 24t sprocket 57 Euro
belt 118 knobs 55 Euro

So a drastic change of gearing (ie one that needs a new belt) would cost me 203 Euro.

Methinks it's somewhat cheaper and easier to get an OTP belt drive bicycle.

Certainly true at the moment. I was lucky enough to get my gates system with my frame.