Lewm, I'm not sure if the MS motor is actually auto correcting anything, but you're right about the belt affecting the sound. Set the tension even slightly too loose and it will lose control over the platter. This isn't much of a problem if you use a rubber belt but critical with thread and even with their SF-1 belt. The speed will still read correctly using a strobe but the platter is slipping undetectably. This results in a lackluster sound, vague image and loose bass, this is why you sometimes see people switching to a different motor using rubber belts. The belt tension will make or break the sound of MS tables.
Turnable database with TimeLine
Here is a database showing various turntables being tested for speed accuracy and speed consistency using the Sutherland TimeLine strobe device. Members are invited to add their own videos showing their turntables.
Victor TT-101 with music
Victor TT-101 stylus drag
SME 30/12
Technics SP10 MK2a
Denon DP-45F
Victor TT-101 with music
Victor TT-101 stylus drag
SME 30/12
Technics SP10 MK2a
Denon DP-45F