David,
The belts I sent to both SSnake-Oyl and Python (price and delivery problems) did have the webbing replaced, but the metal of the tang, latches and tie down eyes was "restored", re-plated at least. I assume any springs in the latch were replaced, and the plastic of the latch painted. Python has, or had, new labels to be sewn in, Ssnake-Oyl ran out at one time. What is not replaced by either company is the bonded in plastic "supports" of the webbing used at the tang, and at the tie down eyes to the body. Read their websites for the services they provide.
Jim