Taylor -
The belt idea isn't all that bad of an idea, but still screams 'friction' at me.
Between losses in the belt from 'shearing' friction with the pulleys and slippage due to water contamination, I can't see it.
So far, hate to say it mitcamp, but the 'caliper alternator' is really the most plausible simply because there are no moving parts involved in implementing it, and it solves a string of problems that are apparently plaguing the current design.
I'd try it myself except for three reasons:
1 - I don't have the resources to build a wheel of that size from scratch
2 - I live near a river, but it flows so slowly that the thing would have to be gigantitanimagnanimous to get anything out of it
3 - The town I live in would have a cow if I tried to throw such a wheel in the river
I really would like to see it conceptually built by someone however, because I believe it is a very viable solution to several issues.
Maybe even a small scale version to illustrate the concepts. I can certainly envision it's operation in my mind, there's no question. Trick is, actually being able to put it to the test.
I think that if it's done right, one might even be able to cut down on the number of magnets needed by using some form of magnetic distribution. A car alternator comes to mind; there's actually only one 'magnet', but the stator 'sees' several poles because of the way it is distributed in the rotor.
Any losses could then be made up by adding to the 'caliper', more coils, turns per coil, etc etc.
Very viable if I say so myself.
Just remember, the wright brothers were 'nuts' too...

Steve