Lots of oohs & ahhs when I brought this out at my last dinner party, so yes, it looks yummy. There were 2nd helpings & requests to take a piece home, so yes, it's quite yummy. Beating the egg whites separately is a neat little trick; it keeps the layers light'n'fluffy.
Variations & tips: I added 2 teaspoons each of extract & coconut rum to the cake. To the frosting I added 2 teaspoons extract & 1 teaspoon coconut rum.
Remember to remove coconut to a bowl after toasting or coconut will continue to brown if left in skillet.
I used fat-free cream cheese instead of reduced-fat.
*If you want to pipe your icing instead of spread with a spatula, you'll need to about double frosting ingredients.