I also have been chasing my tail on this one for the past 2 weeks or so, nothing truly conclusive but I will post up what I have found on the web, many supposed authorities do not agree, making it difficult to say anything with certainty.
The consensus on this forum was what -B- posted above, Toyota red or a good American green. Mixed 50/50 with distilled water and changed regularly, just about everybody could agree with this including me.
But then there is this aptly titled article
COOLANT CONFUSION by Paul Weissler August 2004 Motor magazine
Witch I had read several years ago but not caught the following:
Replacement Parts
Original equipment coolants are validated for factory replacement parts. One of the issues that may arise is the use of an aftermarket replacement radiator or heater core made of copper-brass with lead solder. We have in previous articles pointed out that today's coolant inhibitor packages contain a small amount of copper-brass protection, but may provide little protection if a radiator is made with high-lead solder. Results of industry standard tests of the new Toyota extended-life coolant now show a substantial weight loss (corrosion), both in a 50-50 mix and in a 33% coolant mixture (solder corrosion is much greater in this more diluted solution).
If you have to change a radiator or heater core, use aluminum. Or, if it's an older car and the owner wants the lowest-cost radiator, you might procure a soldered-together copper-brass unit. Conventional American coolant should provide better protection against solder corrosion, which can result in radiator tube restrictions and leaks. But no coolant provides perfect protection.
Witch was talked about in this thread
https://forum.ih8mud.com/showthread.php?t=96573
What is still unresolved from that thread is:
Witch Toyota coolant is Paul Weissler talking about? The annoyingly imprecise choice of words “the new Toyota extended-life coolant” are bothersome, There is a Toyota Long Life (the Red we use) and a Toyota Super Long Life coolant (newer and Pink, used in newer vehicles) there is no Toyota coolant branded “extended life”,
when did LLC coem out? SLLC? witch woudl have been considered new in 2004?
Some seam to think the SLLC is just LLC pre diluted with distilled water, but the question arises then why does it have a much longer rating? Could they have dropped the brass and solder protection in the SLLC in favor of longer term aluminum protection? No new Toyotas have brass/solder/copper radiators
In past posts by Dan the SLLC is not to be used in older vehicles like the 80 series,
https://forum.ih8mud.com/showthread.php?t=62397
Or are both LLC and SLLC both no good for a soldered radiator? It is not clear,
Another question unresolved from that thread: is the 3-row brass soldered or brazed? Is there any solder in contact with the coolant?
At the end of the article there is this
Toyota Red. A conventional Japanese coolant with phosphates but,
again, no silicates. Due to a similarity in color, it’s often mistaken for Dex-
Cool, particularly in the Pontiac Vibe, a Toyota-engineered product.
Toyota Pink and Honda Deep Green Extended Life. These new extended-
life Japanese coolants use phosphates for fast protection (no silicates)
and a single organic acid (sebacate) and other inhibitors.
Witch still makes no sense
The back of the bottle Toyota Red Long Life Coolant states the ingredients:
Ethylene Glycol
(107-21-1)
Diethylene Glycol
(111-46-6)
Water
And here is where it gets interesting
Organic Acid Salt
(532-32-1) witch is Sodium Benzoate
Hydrated Inorganic Salt
(1310-58-3) Potassium Hydroxide, as a Ph buffer?
None of those are sebacate nor phosphate WTF? are they not listing those ingredients?
Another confuser Sebacate is supposed to be a good protector of solder according to catipilar., but if the pink has it then why would it not be good for solder?
Reading
http://www.team.net/sol/tech/coolant.html
http://www.motor.com/MAGAZINE/Articles/081999_11.html
http://www.motor.com/MAGAZINE/Pdf/082004_04.pdf
http://www.popularmechanics.com/automotive/sub_care_sat/1272436.html
I got some other stuff about prestone and alike but it is getting late.