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What is your question?
auto trans shifting hard into 2nd gear overdrive light is blinking but overdrive working fine

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Sounds like your transmission is in 'fail-safe'mode. The line pressure is therefore high causing hard upshifts and the O/D light will be blinking to show that there's a transmisson fault detected by the control unit. You can get it checked out by a mechanic with a scanner to determine what the controller is trying to tell you. Go to a transmission shop or a Mazda specialist. This car is all Ford so a Ford spec. should be able to help you too. Here's a directory link for you: http://repairpal.com/mazda-repair-in-tucson-arizona