That pulley has to turn both cams and a double chain setup...at high RPMs. You think that is high, you should torque an M30...340ft-lbs.
The only thing that bolt does is hold the pulley and balancer onto the crank shaft. The balancer is "keyed" so that it can't turn separate from the crank. All of the force from the engine turning is applied to the key not the bolt. Also the pulley turns the accessories like the A/C, PS, and the Alternator. It does not turn the cam sprockets, they are driven by the sprocket on the crank which turns the chain and that turns the cam sprockets at the equivalent RPM.
I reused my bolt only because BMA forgot to include it in my order even though I was emailed a confirmation that it would be. I have since ordered a new bolt from BMA at a cost of only $0.40 and I will replace it the next time I am working down there.
I have put over 1000 miles on it now and it has not loosened but I agree that it is a stretch bolt and should be replaced. In a pinch it should be safe to reuse for awhile, at least until you can order a new one.
I used the Bentley manual for the procedure. Here is the link for my parts list from when I did my chain a couple months ago.
http://www.r3vlimited.com/board/showthread.php?t=96062&page=2