Ok, to start off..

2000 Grand Prix GTP with 3.8 and S/C

I get the P0717 code. I can clear the code and baby the car, but as soon as I apply enough pressure to the gas pedal (moderate accelleration) i get the Check Engine light to come on and blink (while it's happening) and then sometimes stays on (as a stored code) One after noon, i noticed it blinking while it was happeneing, and then saw the light actually turn off after it was finished blinking.

I also get a another code, I can't remember the number, but i do remember that it's a cylinder 3 misfire. I get no other codes at all.

I believe one end of the wiring harness comes up to the diagonal black bar in the engine compartment on the driver's side. i disconnected that connector, and tried to get a resistance reading off the S and V pins of the female connector with no luck.

After reading some other posts, my diagnostics should be...
1.) check continuity in the circuit (I attempted, but might be doing it wrong)
2.) check the continuity of each of the two wires in the harness
3.) check voltage in pins with key on, but car not started
4.) check sensor resistance at connector on tranny
5.) replace sensor

Does this sound like the right way to approach this?