"You learn well, young Jedi!" Yep, you've got the color code down pat, and a resistor that diameter is probably a 1/4-watt. It doesn't hurt to install a heavier-duty resistor, like a 1/2 watt or larger, just don't go too light on the power rating. Just scavenge up a 460 ohm resistor, break out the soldering iron, and drop it in there. Resistors aren't polarity-sensitive, so it can install in either direction. Good luck!
Jerry