for example most better lawn tractors use a magnetic (electric clutch) to run the mower deck
I have 16hp Briggs on my mower, the drive pulley (which is the smaller) is about 5" in diameter, most are using 5/8" belt,
by looking at the clutches most range in the 5" to 6" area,
Genuine Warner Electric & Ogura PTO Clutches
most riding lawn mowers are coming out with 16 to 20 hp engines and they are not tearing up belts,
(I am sure there stresses some from time to time), but do hold up well under the larger engines,
would think a trip down to the home depot and look at the lawn tractors and see what the smallest pulley they have on there deck drive and consider it as your smallest pulley size for design proposes,
you do not have to reinvent the wheel, or even reengineer it,
and the post above by going with doubles your for sure to do the job,
I have a 218 Ohan engine on my home made band saw mill, I really wish I had used a magnet clutch instead of the hand unit I came up with, off the engine I used a double pulley about 4" in diameter,
and as far as chain speed, you may want to do some more research on the subject,
a number of years the electrical company came by to trim some limbs by the power lines, and they pulled out this chain saw, and it was hydraulic, driven and it was low speed, it worked beautifully, better than my gas saws, for the most part, but the thing was it was low speed, and I asked about it and said they get about four times the chain life over a gas saw and it need to be sharpened much less, and works better, It just purred and out cam nice full chips, (I think many chain saws, run so fast they do not have time to cut and all they do is heat up and burn, the chain),
(I know to rip logs your chains well need to be sharpened differently over cross cut, sawing,
but I do not know if the RPM is do to the needs of a two stroke engine to make power, or for the design of the chain, (I think the chain is made to stand up to the engine, not the other way around).
years ago, they had some mini saws, that had a small chain, and they finally out lawed them do to the speed of the chain, and the danger they were if the chain broke,
if the engine is at 3600, doubling it is about 7200,
my chain saw book basically said max rpm is 10,000 farm boss by stihl
I think your on the right track, do some eBay shopping some times one can even yet come up with a deal, (harder now than a few years ago)
like said your belts and RPM are more the problem than the sheaves, if they have the correct size order and try it out,
I do not like to waste money either, but not every project will work the first, or even the second try, usually they will work, if you keep at it, (Oh that power the house out of a bread box project has yet to work for me), but
the best I can say is to copy a know design or guts of a know working design,
if your coming up with this all on your own then expect some do overs, it is all part of the game,
If it works most likely your saving a considerable amount over the manufactured counter part, so if you end up buying pulleys and belts a few times, so be it,
what is called fractional horsepower is more of a name like George or Pete, it is an identification for a type of belt and pulley, if you look at the design manuals you can see a given belt may only carry a 1/4 hp at one diameter and speed where the same on larger pulley and different RPM can carry possibly up to 16 hp
no I would not suggest the light weight aluminum pulleys like used in dryers and washers, machines,
post the URL for the pulleys or number from surplus center, and people will give there opinion on if they will do the job or not since now you have told us what your trying to do,
I would suggest the cast iron pulley or billet steel