Starting at the first reply... More or less.
It was a while ago that I pulled the code, but P0420 sounds right. No O2 code. (At least, not when jlee and I pulled them. Might have changed now, I'll try to check Tuesday when I have time off work)
Based on what I've been reading, it's hard to get enough information to properly determine if it's the cats or O2 sensors with the average code reader (IE: the cheap-o Auto Zone type stuff I have access to). If I remember correctly from my previous reading/research, more than one source mentioned that the only reliable way to find out is by taking it to a reputable mechanic with "real" equipment, which typically costs about the same as just replacing the O2 sensors (the more common and much cheaper solution, but not necessarily the correct one in my case). I've seen a couple people who have had the same code for a year or more after replacing both O2 sensors and cats. In some cases, the code has been caused simply by replacing the stock headers with Borla. (As far as I know, mine are stock, as is... Everything else on the vehicle. Even the pseudo-stock stereo...)
If it's relevant (I don't remember if I mentioned this in my other thread that I forgot to link, thanks for that by the way), the first time the code popped up was while driving on the highway at 65, after about 5-10 minutes. Cleared it at jlee's house when we changed the oil, it popped up later (I want to say a week or so, but I don't remember) during normal street driving. To clarify, the light came on while on the highway, not after getting off and stopping/slowing down.
Initially, I thought the cats were the most likely cause, being the high miles on the car and knowing that in all likelihood the cats have never been replaced, but now I'm not so sure. My bank account would like it to be the O2 sensors, I know that much. lol
Regarding your last post, I'm gonna show my car-noobish-ness here and say...
I don't know what a vac leak is, or how to check for one. I can Google it, though! Or just ask jlee. *snicker* >.>
As far as I know, yes, still the factory cats (unknown if any of the PO's replaced them at any point in time, I'm guessing not). Eying Magnaflow because they're OEM style, not high-flow, and I recognize the brand, and the "universal" option is cheap. No idea of their actual reputation, though. (High-flows of any brand have a reputation for making it nigh impossible to get the P0420 code to go away, making it impossible to pass emissions in AZ)
Oil: Yes, it's alot of oil. My confusion comes from the fact that last time I checked it (need to remember to do that in the morning again...) the oil level is still the same as when I changed it... What, 2 months and ~1K miles ago? I cannot explain the large quantities of oil all over the bottom of the engine (and I think transmission, among other things in that general area) and a potentially expanding amount in the driveway when all the various fluid levels haven't changed... (I'm not sure how much of what is in the driveway is oil, I keep forgetting to check when it's daylight out... I think it's mostly water, though. Or washer fluid... Or coolant... It doesn't look like oil when I've checked at night with a flashlight. >.>)
*ahem* On a related note... This car has many little things all over that should be replaced and/or fixed at some point in the near future, but that's a long story. One of which being the front CV boots/axles (and the struts... And the head gaskets... And the... *cough* I digress). My dad proposed a theory that some or all of the "what appears to be oil" all over the bottom may actually be grease from the CV axles. Does this sound like a plausible theory? Also, the first sound I described in my other thread... Could that be caused by potentially damaged CV axles/joints?