Keep it cheap and use a rear mech with the bottom of the cage cut off. The tension provided by the mech works fine, and works much better than a cheap non-adjustable tensioner.
It looks like the chain should fall off all the time, but mine hasn't yet despite the s/s being used mainly for pratting about/falling off things etc.
Charliethebikemonger is very helpful, and a 2:1 ratio works well off road but you will need to be patient on road!