I looked at a few other posts, and researched it through google, and read the ingredients. I was able to find out that my factory coolant (G-05 Stuff) was infact a HOAT Coolant. I was also able to find out that Toyota Pink is also a HOAT Coolant. That combined with the fact that I had no money at the time, it was an easy decision. My van has Aluminum heads, but a cast iron block. I figured that since I was already at the shop putting on my snow tires, I might as well do the coolant too.
I think you will be ok, just make sure you drain the block and hoses too. That way you get as much of the old coolant out as possible. I would flush the heater core too, by removing the hoses, and filling it with a garden hose, and switching from one hose to another until it runs clear.
You may even want to fill the truck with water and run it for 5 minutes before draining the block, and hoses again to install the Pink.
On a side note, my dad has been running Toyota Red in his 1965 Pontiac GTO for the last 15 years without a problem. It has a cast iron block, and heads.