You don't want your chain as tight as it possibly can be. A little bit of slack will be quieter and not cause your drivetrain parts to wear out as quickly as a super tight chain will.
Sometimes a wheel will creep forward when you're tightening your axle bolts. Try tightening your non-drive side first and don't be a Sally when cranking them down.
Last edited by Scrodzilla; 04-23-11 at 12:15 PM.