As a video maker I dream of the best quality for my videos and for my viewers. I see TOO many videos using the wrong settings, With letterboxing and just bad quality in general.
This Guide Will Teach
How To Record Your Video With Fraps
How To Render Your Video in HD
A good computer to be able to play and record your game at the same time.
A second hard-drive (Not required but recommended).
Fraps (Use the Trial version before you decide to buy)
Sony Vegas 10 or Higher (9 and under does not have the right rendering mode) (Trial version before you buy)
Download and Install the Trial versions of Fraps and Sony Vegas.
Run Fraps and configure the settings like so.
Configure the video directory to your preferred location.
Start your preferred game and use the record hotkey you've made to start recording, Press the same button to stop.
Having your game recorded, Open Sony Vegas and start a new project with the settings below
Import your video recording via "File> Import" and edit it to your liking.
After you've finished editing, Go to "File> Render" and choose the render format circled in the picture, Then below choose "Customize Template".
Copy the settings in the images below and click "Ok" and press "Render". (Make sure to choose the location for the file to be rendered to.
Upload to your desired video site (WoWMovies/Vimeo/Youtube) and that's it!
You've Recorded, Edited, Rendered and Uploaded your video in HD!
Sizing down the original file (More Advanced)
This is a link to a great tutorial to resize your original recorded file into a awesomely small file with no quality loss.