Knock sensor not sending right signal wont cause engine to blow up and when the code is set it should ignore knock altogether, and as brick said, as a precaution pull timing and add a bit of fuel to help prevent knock...

 

Wasnt sure theres a crazy amount of bad information if you google "2005 silverado P0332"

I am pretty sure I have this problem beat with the rear sensor replaced for the second time. Also after telling BBP that my autocal was stolen they are giving me a pretty darn good deal on a new one which is really awesome of them.

 

Good to hear! They are good people.

 

Thats cool theyre taking care of you!! Glad the shop replaced the knock sensor again, hate hearing about shops not backing up the products they install!!

 

aint that the damn truth lol