Sorry to disappoint you but a stripped speedo gear or broken shaft will throw a code. A pulse difference from Speed Sensor #1 and Speed Sensor #2 controls the transmission, but a pulse from 1 and no pulse from 2 will generate an error code.
The speed sensor 2 is really easy to check. It is a pain to reach, but its easy to remove. On mine the little metal "T" shaft that goes between the speed sensor and the cable was broken.
Doug
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1992 LS Touring (6/91) - Currently undergoing a five speed swap
Black over Claret with spoiler; 235,000 miles; Mods: 2002 Legacy 5 speed, ACT Pressure Plate, Excedy Clutch, Short Throw Shifter, Aussie Powerchip
1992 LS Touring (6/91)
Black over Claret with 2.5" setback spoiler; 202,000 miles; Mods: B&M Cooler
1994 LSi (4/93)
Bordeaux Pearl; 198,000 miles; Mods: Weight reduction.
1969 Mustang GT Convertible
1970 Mustang Convertible
2000 Ford ExcursionSola lingua bona est lingua mortua.
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