No chocolate milk under the oil cap. The residue is only in the overflow tank, nowhere else that i can find. Last night, I think I have figured out what might be causing it.
There is a systemic design problem on the location of the coolant reservoir tank on the GEN3 Camry. The location is such that some sunlight will hit the corners of the tank and the UV deteriorates the pastic and makes it brittle.
About 1 1/2 years ago, I fixed the corners of my coolant reservoir tank with fiberglass mesh tape and two part epoxy. I spray painted the area black to keep the sun off and thought I'd solved that one for good.
Well it turns out that the corners that i fixed are now getting mushy. I think the coolant fumes may be incompatible with the epoxy that I used and the white film is actually degraded epoxy from the repair.
i have ordered a new tank on-line for $15 (shipping included) and will try that as the next step to solve the problem.
http://www.freshcabinair.com/Items/c...%20%23%20CT004
The dealerships rape us up here in Canada. They wanted $141 for a new reservoir.
Thanks for posting. I will post back to let you know if it solves the problem.