CEL came on the other day and the corresponding code is P0420 (Catalyst efficiency below threshold (bank 1)). Cleared code so CEL is now off. Mileage is 148,000. Upstream sensor was changed 20,000 miles ago (heater went), still have original downstream sensor. Midas indirectly changed the catalytic converter back in September (blown silencer on that section of exhaust pipe).
I've narrowed the list of usual suspects down to a faulty downstream sensor or flaky new converter. Based on cost, should I have the sensor checked/replaced or have tailpipe emissions checked first? Or should I take the car back to Midas and let them figure it out? Finally, is the downstream sensor part of the closed loop emissions setup or is just monitoring the converter its sole purpose? Thanks.