My setup on my M-06 Pro, high grip carpet track:

Toe-in Front: kit standard
Toe-in Rear: kit standard
Camber Front: kit standard
Camber Rear: kit standard
Damper position Rear: inner position, kit damper stay

Dampers: TRF M-Chassis Works Edition
Front: Yellow springs
Rear: Red springs
Oil: 300 wt(? I always get confused about wt/cst)
Pistons: 2 hole
Rear dampers got the long ball cups.

Tires: Tamiya 54d slicks all around

Body: HPI BMW 2002 Turbo


Works fine for me so far.