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Does anyone happen to know if there is any difference between a:

* Denso 234-4162 (right side downstream sensor for 2004 Tundra, 2wd, 4.7l, limited) you can purchase at Toyota for $206 and a Denso you can purchase online for $45 to $50 online?

I have tried to do some research on it, but haven't found anything telling at this point.
 

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Denso is the US domestic made OEM for Toyota and is part of the Toyota Group. You are best off with Denso or Nippon-Denso parts for your Toyota.
The only difference between the two you are looking at would be the dealer pricing but stick to a legit vendor like Rock Auto etc.. so you don't get a knock off.
From all the ones I have used the (US Made) Denso parts just as high quality as the Nippon-Denso JP made parts.
 
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