Hi Tim,
I have the chain trencher, and the wheeled trencher/stump grinder. They both work well, but the chain trencher is designed to dig a 4 or 6 in trench as deep as 36 in. In sandy soil it will move right along. The replacement chains are about $500, and the large sprocket is about $45. I need to replace mine now, as it hangs up often, it has worn through the rollers.
The 26 in wheeled trencher is faster, but only digs down to about 12 in, and 2 in wide, and will also grind through cement and asphalt. It will also grind stumps. I can not easily replace the teeth on my trencher as they are brazed on. I can still sharpen them until they are beyond service use.
I don't have the PT stump grinder, but it should also dig shallow trenches to about 8 or 9 in. and 2 in wide.
I would also surmise that the stump grinder teeth are more aggressive than the trenchers teeth. but will still get the job done.
You mentioned a belt trencher, mine is hydraulic , direct drive.