If I call the 1-800 number and all that, do you think I'm a canidate to get a replacement? What are my options?
If its throwing the code and bucking then your camshaft gear is trashed. You also lost or had reduced oil pressure while this was happening.
As far as Chrysler they were covering these pretty good at first because it wasn't very many. But since ALLOT of them are failing they are getting VERY nasty and unwilling to cover them.
My best advice is to take it to a dealer that you know and trust that will fight Chrysler for you. From what I've seen that IS what makes the difference between getting it fixed on your dime or there and that's the dealership.
You didn't say how many miles you have on it, but honestly you can try to get Chrysler to pay for it but I wouldn't hold my breath.
IF I was in your spot I would go to Mopar Parts and order a new CPS and get it on the way. I would talk to your dealer and see what if anything they will do. If they say your own your own then take your Jeep home and do the repairs yourself it will be ALLOT cheaper.
If you do it yourself all your going to be out is gaskets, a OPDA, lifters and a camshaft. This is assuming that you didn't take any damage from losing oil pressure.
Willy I use the 1/4"-28 with a non-tapered tap that's designed for shallow/blind holes. The biggest thing with tapping threads is just remember to grease up the tap really good and don't do more than a turn or two without backing it out, cleaning out the metal shavings and re-greasing it. Also remember when tapping a hole you turn forward a 1/4 turn then turn back a half turn, this allows the metal shavings to enter the channels on the tap.
The two biggest problems people run into when tapping threads is not lubricating it, and letting too much metal build up in the tap/threads. Because the OPDA housing is aluminum its really easy to drill and tap but its also easy to gaul the threads if your in a hurry.
Also be sure to use RED loctite on the zerk. The threads on most zerks are short, only 2-3 turns, and with the heat and cooling of the housing they can easily back out as I found out last month. This also helps prevent you from ripping the threads out because you don't have to torque the piss out of it to get it to stay put.