This program can record video from games, webcam, full screen or different windows. Is also able to make live streaming to video sharing websites or to a custom address that you may share it with others who will view your video.
This tool is the most reliable free alternative to Fraps, is able to record audio (microphone or sound card), you can customize FPS (frames per seconds) and adjust resolution.
The resulted video can be saved as MP4 or FLV, with good quality and a small size. Includes many options that will allow you to create great recordings from your favorite games or other applications.