Has anyone had any problems related to removing the air pump on a 96 F150 300 I6?

For those who have successfully removed the air pump what serpentine belt (part #) or (truck year config) did you use after removing the pump from the engine.

The pump on our truck is working ok but some of the other parts such as the one way valve and possibly the vaccum controller is malfunctioning. Besides it is in the way and just makes things much more difficult to work on and troubleshoot.

Any problems from the removal of the air pump such as higher exhaust temps or overheating cat. This would not seem to be a problem if all you are doing is not pumping additional air in to help burn unburnt fuel. Seems counterintuitive, lets just add more air to burn off the extra we are putting into the exhaust stream. Why not throw your money out the tail pipe because the engine is not as efficient. They are rock solid engines but they do not get the best fuel economy. You would think ford engineers would use a better approach to reduce emissions and provide better efficiency to an old design. To take an old design produced when gas was cheap and efficiency was not really an issue, would not seem all that difficult.

Thanks, any advice would be greatly appriciated.