Then Click 'Set Up' Scroll down the page to where it looks like this... You need to add two records One with the following infomation (for the 'Host' type yourdomain.co.cc not www. at the start and it is an A record). And another with (this one has www. at the start and it is a CNAME record) (Make sure you click 'Set up' after each one) Now the DNS settings are setup you need to apply this doamin to your wetpaint site. First login as a site creator or Administrator, then click 'Settings which is along the links bar at the top. Once here click on the 'Upgrades' tab. Now... Once here click 'Start Here'and type in your new Co.CC domain NOT your wetpaint site! Then click 'Continue'. You are now DONE!
If you have any further questions please feel free to contact me! (CoolAs101) if you need further help to apply for Custom domain to your Wetpaint site click here.