I have never heard about the check engine light turning red or blinking. It's a salesman, they don't know a think next how to get more money from you.
A knock sensor is not something you don't want to do without. If the engine knocks and keeps knocking, it will eat a hole in the piston.
QUOTE (Pat99 @ Jul 11 2008, 06:11 PM)

My 1999 Sienna has a check engine light on. This came on 2 weeks ago while I was on vacation so I took it to a local mechanic who told me it was the Code PO330 Bank 2 Knock Sensor and as the car was running fine I could drive it home. So he cleared it and I went on my way. Two weeks later it came on again so I took it to my local dealer, while on the way there it went off. They checked it and it was the Code PO330 Bank 2 Knock Sensor, again. They thought it could be related to the timing and checked the timing belt (it was fine). After $200 of diagnosis they said they would need to remove the intake manifold to access the sensors ($500 more) and then determine if it was a bad sensor or did it point to something else wrong. The car is/was running fine so I decided to not spend the $500 on more diagnosis also I got the impression from the service department that they did not know what was wrong so the solution may be to simply replace the sensor and see if that cleared the problem.
Two days later the check engine light came on again.
Question - Should I spend the $500 to let them diagnose this problem or ignore the light? The salesman at the dealership told me that check engine light (if orange) is for emission problems and therefore running with it on will not harm the engine. But if it turns Red or Blinks I should get it checked. Is the salesman correct? My owner’s manual does not say anything about a Red or Blinking light.