Video/Screen Recording and Editing

[Menace651]

It's been a long time since I've done any video recording or editing but what are people using nowadays for screen capture/recording, livestreaming and editing(Splicing, cutting, effects, etc.)? Are there any free or cheap programs you can use? Yes I know I'm a cheap ass.

Also is there a way to convert the HeRO replays into any one of the movie files accepted on Youtube(.avi, .mpeg, etc.). Thinking of creating some videos to help friends and showcase HeRO.