cruiserdan is correct. Luckily I discovered this the easy way. For those wanting to earmark this thread or know how to do this simple job, I would tackle it as such.
1. Liberally spray pulley centre nuts and idler adjusting bolts with lubricant. It's a Toyota, so it's probably gone 100k miles since it needed a belt or three. Soak overnight.
2. Slacken pulley centre nuts. This will also reduce the binding of the idler threaded receiver on the idler adjusting bolt shaft.
3. Back off idler adjusting bolts.
3a. If idler adjusting bolts are seized and the idler won't loosen [meaning you can't remove your belt], then remove the three bolts that retain the idler to the timing chain/belt cover. Once apart, check bearing for excessive play. Ensure idler receiver slides freely along the gallery. If not, file away surface rust, regrease and reassemble.
4. Remove belts.
5. Install new belts *note, alternator/fan belt does not have an idler, it requires the old fashioned 'loosen alternator' method*
6. Tighten idler adjusting bolts.
7. Re-torque pullet centre nuts.
8. Test drive, observing closely any belt slipping noise, engine temperature, air-conditioning temps and power-steering response.
NOTE: BFH and timber drift not required.
As a side note, it's interesting to know that once you lose the fan belt, you also lose the alternator. And once you lose the alternator, you also lose brake vacuum, clutch booster vacuum and engine shut-off vacuum.
Thanks everyone for the help, and good day!
- Dan