Hi Kings X,
As far as belts go, like esantoro, told me it will do belts, but you probably have to go with the monster wheel from sailrite, they are like 125 and they have a deluxe carrying case for like 99. The monster wheel will help you better when sewing belts. Now with wallets and liners since they will be thinner leathers you should do fine. It wont do tack or anything like that, but for lighter work such as wallets and stuff, you should be cool. I hope it is a safe bet as long as you stay with veg tan leather up to about say like 6 or 7 oz it will do that, anything bigger I would go with the monster wheel II. Thanks I hoped I helped somewhat.