You'd have to do some serious design work to make this work anywhere close to right. Not to say that it couldn't be done...
First off, Turbo's aren't free power. They make their power from exhaust back pressure. I really hate when people think that a blower uses more power than a turbo to create the same pressure at the same volume of air. I'd be willing to bet, that if you measured two units of equivalent output, the hp in would be within 5% or less. Remember, PV=nRT? It takes the same amount of work to compress 5 cubic feet of air into 2.5 cubic feet, no matter what the pump is. Turbo's are more lossy in that they aren't positive displacement, blowers have better pumping efficiency, but give up some to the gear drive for both blades to run the same speed without crashing...
Belt life is no worse that any other belt. plenty of cars came with factory chargers, and they didn't eat belts any more frequently than their NA cousins. Even my cousin's 302 with a whipple charger on it never ate belts and that thing was beat hard for 70k miles, autocross, road race, track time... Blower lube was changed I think every 20k miles, pretty simple really.
Now... on to the fun part. This could work... You'd need a fast acting charger, the whipple comes to mind. It's a lysolm screw compressor, not the same thing as a roots, but kinda close if you've never seen one. The trick here as was done on the gas cars would be a throttle plate. Remember, we used to have one on the early 6 liters. You put it upstream of the blower, and the blower runs in a vacuum. When you open that plate, wham! you've got boost!
We have an advantage that we're running about half the RPM of a gasser, so we can use a more aggressive pulley ratio on the blower. I know the one on the 302 was an instant 7 psi from idle to 1100 rpm, then from 1100 to 6k, it was flat at 13 psi. This was on a stick, so whether the motor could pick up speed or not, it made boost. I don't remember if his was a 2.2 liter blower or not. They had two sizes, normal and "blowzilla". The latter being quite retardedly silly in it's output. I think they even have a model that would handle the 8 liter GM gas engine, so volume shouldn't really be a problem. We'd use the larger unit, and spin it with smaller pulleys.
So for us, I'd venture a guess that a stand alone module to operate the throttle plate would be needed, then that coordinated with the fuel tables and other nifty engine functions through SCT or whatever. I bet this is more doable than we think. The worst part would be getting the electronics to cooperate. We could even keep the intercooler!