My harmonic balancer was still in one piece. The rubber looked, well, it looked aged. But it hadn't separated. The bolt for the pulley on mine had actually loosened at some point during the engines 283k mile life, the pulley shifted and cocked sideways on the crank. Wore the crank down too, so after cleaning and test-fitting a new pulley, there was still some play (much better than the old pulley, though!). Got lucky with the fact that I had an AHU short block sitting around. Cylinder walls had been scored to hell, but the crank was still in good shape.
Mark (validius/gutzb4ll) had a timing belt service recently on his own AHU (swapped into a '97 GTI) and had the same sort of thing. The bolt for the pulley was not exactly very tight anymore and the pulley was worn. Fortunately for him, the new pulley fit very snugly on the crankshaft. The crank was just fine.
Never heard of one being completely rounded inside, though! That's bad!
Even though the sprocket/harmonic balancer were noticeably wobbling for some time, the timing stayed true until the last month of driving it. It became hard starting and pump timing was nowhere near where I had left it, indicative of the pulley shifting on the crank. That's when I made the decision to park it. I had plans to swap the engine into a different, less-rusty Jetta body anyway, so the engine was coming out either way.
Now I'm rebuilding it. Bored over, ASV pistons, Rosten rods... You know, just in case I want to get crazy with power mods