Didn't you say that it still has periods where it runs fine? If the cats were plugged you wouldn't have that. Is the check engine light the only one that comes on? Does it start fairly easily or is it hard to start? Does it run hot and/or warm up quickly?
Regards, Eric

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89 300E "Benzer1" 15.924 Uncorrected
93 400E "Benzer3" 14.200 U.C.
95 E420 "Benzer4"
92 300E "Benzer5" 16.299 U.C. Future turbo CNG
87 300D "Benzer7"
87 300D "Benzer8"
87 300D "Benzer9"
87 300D/70 AMC Javelin "Sidewinder-Benzer"
87 300TD "Benzer11"
06 E320 CDI "Benzer12"
05 E320 CDI "Benzer12A"
71 AMC Javelin AMX 401 "Sidewinder"
74 AMC Hornet 401 "C.K.10" 13.63 U.C.
74 Bricklin SV1 "Presto" AMC 360 pwrd.