Check out this setup.... It's the same setup but with photos
http://traxxas.com/node/10068
I woud recomend something similar to start with.
Allso jam at least 60g weights under the ESC, for some more pulling power and more controllable drifts, and highly recomend doing the diff oil mod for some better braking and pulling out of the wider bends
Allso recomend a softer oil than 50r 60f because of the poor traction, maby just experiment with that one