Vs. Super SkyKid dip switch settings:
*** http://www.johnsarcade.com ***

Also, check the manual on this one. It's a little tricky.

Dip bank #1:

UNKNOWN: (dip 1)
 - Off*                     OFF
 - On                      ON
UNKNOWN: (dip 2)
 - Off*                         OFF
 - On                          ON
LIVES: (dip 3)
 - 2                                OFF
 - 3*                              ON
COINAGE: (dips 4-5)
 - 3 Coins/1 Credit                    ON ON
 - 2 Coins/1 Credit                     OFF ON
 - 1 Coin/1 Credit*                     OFF  OFF
 - 1 Coin/2 Credits                    ON  OFF
COLOR PALETTE: (dips 6-8)
 - Normal*                                     ON  OFF  OFF
 - Wrong 1                                      OFF  OFF  OFF
 - Wrong 2                                      OFF ON  OFF
 - Wrong 3                                      OFF  OFF ON
 - Wrong 4                                      OFF ON ON

* - default setting