rollyms,
Yes, you can freewheel it a bit since the a/t pump and cooler are running. Just make sure you are fully stopped when it comes time to shift to 'D'.

jonski, number001,
Just put it in 'N' when at a full stop so that the engine and tranny will be unloaded. Wearing out the tranny? Maybe that's the same guy that said fiddling with the thermostat on the a/c will wear it out. Well it can, but not within at least 5 years and not if you follow maintenance procedures at proper intervals. Our 1981 Benz has never given us problems regarding shifter or tranny wear. Yes, we put it in 'N' when stopped for extended periods (e.g. at a traffic light). The engine has so much torque, I get tired trying to hold it down with the brakes.

Shifting to 'N' and engaging the parking brake also puts your vehicle in a dead man's setting. Meaning, should anything happen to the driver while stopped (lose consciousness, get crashed into, etc.), the vehicle will not 'run away' as it could if the vehicle was in gear.

Shifting to 'P' is a bit of an overkill already. And I know of one who accidentally went to 'R' when it was time to move forward. Konti na lang, aksidente na. And some people have a bad habit of using 'P' as their parking brake. This is also a nice way of ruining a perfect transmission. The parking brake should always be enaged before shifting into 'P'. Never leave the vehicle resting on its transmission. Baka hindi niyo na ma-shift out of 'P' afterwards.