Hmmm before this thread I really didn't know coconut cake was a thing, so I was curious. The only variation of coconut cake that I have ever had is the much closer to the gooey sweetened condensed milk kind, but likely wetter, which I cannot tolerate (tres leches cake for instance revolts me due to the sogginess). Now I want to try a real coconut cake!!
The coconut cake I'm familiar with is not soggy, even the gooey kind. I'm not a fan of tres leches for that exact reason. If you like coconut, look up some recipes and knock folks socks off over the holidays!