The way I would do this would be to trailer mount it and long shaft PTO drive it. Then pulley sizes and stresses are irrelevant as it all gets incorporated into the mounting frame.
Is it cost effective? Not after you count your time, effort, and blood into the cost. However, that can be said for most projects. The value comes in knowing you did it yourself and done right, it can be a joy to use and work with for years.
Add a welder onto the trailer, lights, toolboxes, etc. etc. You have a portable, PTO powered workshop.
Skeets, since you don't weld go with the trailer mount leave off the welder and tool boxes and add a beer cooler. That way you can stop and have a cool one while mowing the orchard.
So, if you are faced with a challenge, you can go the easy way, the so-so way, or all out crankin' way!
Beer cooler is certainly the all out crankin' way!