Well I stopped by my trusty mechanics and the code came out as "P0773 Shift Solenoid (E)". Done some searching here and on the Gen 3-4 Camry forum and some of the posts are as follows:
"FSM shows two possible codes for lockup solenoid. P0770 is for mechanical operation failure and P0773 is for electrical failure, although if the shift solenoid coil is bad you will need to replace solenoid. Order of inspection is 1. ECM terminal 2. ECM terminal harness to solenoid connector harness. 3. Check coil resistance of solenoid. 11-15 ohm. Could be just simple harness/wire connection problem. Pan will have to be removed for access to solenoid connector or solenoid. No expert, just looking at the manual. Maybe 1-2 hours labor??"
"just reset the code
it's a code that comes up for some people. it can be caused by something as simple as not fulling popping the shifter into the correct gear, or the tranny misshifting by accident.
if the code comes back, then dig deeper. chances are that it won't come back."
It seems to be shifting fine with no 4th gear lockout (O/D OFF light is no longer blinking), so I'll try to reset it and see what it does. There was also a helpful link to diagnose this problem here:
http://autorepair.about.com/library/faqs/bl079i.htm