Set the problem aside for today, to concentrate on the more basic task of adding all the bits to actually get the engine running. Main reason I was nutting this out was to figure out the final position of the alternator so I could make up oil lines to suit.
I've come back to it tonight to pass the time, and while the setups that I have seen had the A/C compressor slung underneath the alternator, according to this pic the 4BD1T at least comes in a variation where the alternator sits midway up the engine, and the A/C compressor on top again....
https://www.aulro.com/afvb/images/im...013/02/120.jpg
First off, it answers the question re. acceptable belt contact area - the fan pulley and the alternator couldn't be getting more than 50 degrees contact... second, it may be possible to squeeze a second compressor under the alternator....