I know it's an old thread but I had a flashing cel on Wednesday - 2001 RX300 140k miles. Wife went to merlin and they said timing belt, af sensors.... all came out to about $2400!
I found this, ordered the VVT solenoid (OCV) for under $50, just got back from paying a half hour labor and all codes are gone and vehicle is running perfect again! I kept the old one and it had cracked near the electical connection - maybe the sub zero temps earlier in the week?
Either way the peace of mind of knowing 3 cylinders are not misfiring and I don't need to spend a ton to stay up and running is priceless:
A big thank you to the forum!