Blend cake mix,pudding mix,water,eggs and oil in a large mixer bowl.
Beat at medium speed of electric mixer for four minutes.
Stir in coconut and pecans.
Pour into greased and floured 9 inch layer pans.
Bake at 350 degrees for 35 minutes.
Remove and cool on rack.
Frost with Coconut Cream Cheese Frosting.
Coconut Cream Cheese Frosting
Melt four Tablespoons of butter or margarine in a skillet.
Add coconut,stirring constantly until golden brown.
Spread coconut on absorbent paper to cool.
Cream two Tablespoons of butter with cream cheese.
Add milk;beat in sugar gradually.
Blend in vanilla;stir in the coconut.
Frost on cool cake.
Sprinkle remaining coconut on top.