Mostly correct but virtually all of the new Honda motors now use a timing chain anymore- at least the motors that are 4 cylinders and worth a crap. All the K-series motors (Accord, Civic Si, Element, CRV) use a chain- only the v6's and single cam civic motor still sport a belt, and I'm fairly sure the current civic and the Fit have both gone chain now too, though I'd have to check. Not trying to bust balls or anything, just thought you might like knowing.