I think this is made too simple, 'Just Run It'. First off, I think there is a lot of difference from Vancouver, BC to Phoenix, AZ. Long time ago, the comment from Ireland came that 'They never see that problem...'. But also in their country, I related the issue to a matter of temperature, as the hottest day ever in Ireland happened to be that day in May's temperature in SW Missouri. And yeah, it was just May...
What is more, you can blame the problem on a poor install plenty often enough, Heaven knows, I've said my piece on that. It is unfortunate that poor installation is a large part of my entire business.
I think...1. You don't run a tire till it's bald. 2. Oxidization plays a part. 3. When you least expect it, bad things happen. 4. Know what you are doing. If you don't, get someone that sure as heck does. 5. When you do replace, get really, really, really good parts... The Best.
I have customers that say when I removed the timing belt, it looked just fine. My answer is, "That beats a broken one 'all to pieces'." When I folded the belt back, they could see the beginnings of cracks. I call it maintenance to replace some parts before they can cause damage. Pre-emptive strike.
So, my big question: You have a CJAA timing belt that says 'good to 120,000 miles, NO TIME LIMIT'. Well, I got a belt that was on a 2002 Beetle that sat on a San Diego Wharf with 22,000 miles on it, for 12 years. Should I drive that for the rest of the 78,000 miles it's supposed to be good for? There are some 2015's, that blew the belt off with less than the touted mileage. It's cheaper to REPLACE THE ENGINE, than rebuild the cylinder head on the '15's. You gonna play that game? Consider the oxidization from your area. New Orleans is worse than Toronto.
Sometimes, a timing belt is just cheap insurance. But when you get parts, get good stuff. Know your sources. Don't stretch it. And DO NOT believe there is not a time limit. That is foolhardy. Ask any farmer. "It was working just fine when I put it into the shed last year..."