I would stop screwing around with that technology and go with a gear drive setup. Granted it is a lot of money (new cams because of reverse direction) but the reliability and accuracy of the timing is far better. I am not sure if you have ever stopped by the S&S booth somewhere but they traditionally have a hand turned demonstration between a gear driven setup and a stock tensioner. It is quite dramatic and it sold me. But, as I said, money has to be spent.
The funny thing too is that I have a "B" (ballanced) motor and the same deal is with the chain for the counter balancers on the opposite side. Now if someone could come up with a more reliable system to replace that horsepower is to be made there as well.
Friction uses power and these two tensioners have a lot of friction between them!!