You can drive it but it will damage your catalyst system, that is why the klight flashes to let you know other problems can develop. the car being a 2002 it has a misfire monitor in the computer. go to a local parts house and have them scan for misfire codes to see which cylinder is misfiring. make sure you check the intake at the #5 cylinder (which is the first one on the left side of the engine)to see if it is getting coolant in it from the intake leaking at the thermostat housing.
Engine Misfire diagnosis can be complex and there are many reasons for misfires to occur. I suggest you read the article at this link that deals with engine misfires and the diagnosis of them and possible solutions to repair them.
Hello
The
Engine and Automatic Transmission (not applicable to manual
transmissions) in this vehicles drive train are fully electronically
controlled by a computer called the PCM and TCM (Power Train Control
Module, Transmission Control Module). When a problem like this or
other drive-ability related problems occurs the computer stores a
record of the problem (there are of course some exceptions to this,
like the fuel pump, engine coolant temperature sensor and MAF sensor
for instance) in the form of a fault code in its memory, to read
these fault codes you must have the systems memory scanned with a
special tool. Once the fault code(s) are read you then must perform
the appropriate diagnostic testing to find and resolve the
problem(s) DO NOT REPLACE ANY PARTS UNTIL A TRAINED
TECHNICAIN HAS DIAGNOSED THE PROBLEM TO AVOID SPENDING YOUR HARD
EARNED MONEY ON PARTS THAT MAY NOT CORRECT THE PROBLEM. Also always
check fuel pressure for correct spec for your make and engine type.
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