Speaking of which - rackemup where did you find the step pulley?
I want to know that as well.
There's a PDF of someone modifying the SA180 sander with a step pully transmission, but he spent like $70 to purchase them AND have them machined.
If there was a $15 or $20 set of pulleys that didn't require machining I'd opt for them.
At $70 it's time to start looking at real VFDs for infinite speed control.