See the link below for a wiring diagram of the castle bec, its much easier than us trying to explain it to ya:awesomework:
http://www.castlecreations.com/products/ccbec_diagrams/ccbec_wiring.html
If you are running a decent size servo you will need an external bec, the reason is that most internal becs in speed controls can not supply both the motor and the servo with enough current & a constant voltage. If your motor is drawin alot of power and your servo is left short handed you run the risk of burning up your servo, plus with the external bec you will see an improvement in steering power overstock.
I got my castle 10A bec from brians hobbyland for 21 bucks, must cheaper than my 129 dollar servo:redneck: