When connecting any network devices, Remember the following.
The only time you do not use a crossover, is when there is another device acting as a layer 3 switch, such as a network switch.
In your case, you are connecting two devices together directly, without a switch. You will need something to send the TX signal to the RX port on the other end. The crossover cable does this. Hence you should use it.
The other settings are rather irrelevant, if all you will be doing is transfering data. Simply give one computer an IP and the other computer an IP within the same netblock.
Example:
PC - 192.168.1.1
MAC - 192.168.1.2
netmask for both: 255.255.255.0
Configure both with the above IPs, and you should be set!
(fyi: that's a /24 network, hence the netmask being the same for both)
Hope this helps.