Just wanted to let all of you know that I tried the wet towell around the cake pan while baking. OMG it made the cake so moist. If you don't have bake strips(I have never used) then use the towell mehod it really works. Everyone raved over the cake. I use the box cake mix add the 4 eggs, pudding, dream whip and all the other ingridents and let me tell you your cake will come out moist.
Just wanted to share my experience.
I'm so addicted to this website!
Kitkatkit can you give me a little more detail on what you put in your cake like how much pudding and dream whip? Did you wrap a wet kitchen towel around the cake pan? If so how did you secure it? Dumb question but won't it burn? I am a newbie and I learn so much on this site. I am going to be doing a birthday cake for DH on Sunday and really want to impress everyone with a super moist and great tasting cake. Thanks in Advance.
My mom used the wet towel method years ago. She used dish towels, wet and yes, they will burn. They will not start a fire in your oven, though. They just get singed. She would attach them together with pins. Hope this helps. I use the bake even strips.
I agree with Kitkatkit, you really can do without a bake even strip, if you wrap a strip of thick 'wet' bath towel around the cake pan (secure it with a thread or pin)..the cake bakes evenly and moist too!!. I have been using this method for my cakes (without burning the strip) : )
I found a towel to be too heavy--I use wet papertowels and they work perfect every time!
I used an old towel cut it up enough to wrap it around the whole pan it did not fit all the way so I cut up a smaller piece and I used a saftey pin to hold it together. I made sure it was real tight. You have to make sure you soak the towel real good and keep it moist when you wrap it around the pan. It worked very good for me. My cakes use to come out hard on the sides and I used this on Saturday for the first time and it was great. The cake was not hard at all anywhere!
I just use a basic cake mix(Duncan Hines) follow the directions I add an extra egg. It calls for three I use 4. 1 box of instant pudding of what ever flavor of cake you are making. I use one package of dream whip and then mix it all together and it comes our real moist and fluffy. The dream whip comes with two packages and you find it with all the other cake supplies.
Good Luck! Keep me posted on how the cakes turned out!
I am too frugal to buy the insulators, so I use the wet towels all of the time. I took old cup towels, cut them in strips long enough to wrap around the pan. Some sizes I have to safety pin them together to fit. They are cut about 4" wide so I can double it. I wet them with cold water and then safety pin it around the cake. They help the cake from rising too much in the center, and from getting too brown on the edges! 
Shelly
kitkatkit thank you for the info on how to make a more moist cake. One more dumb question do you still had all the oil and water as directed on the box? Thanks in advance for helping me.
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