Only problem with that is your restriction on resolution, I tried it for a while and decided the slight drop in picture quality in using fraps was far less bothersome than playing a game at a clunky resolution
Oh and the latest version you have to pay for it (along with any other version) its like $15 for a life time subscription, well worth it when you realise its just some guy who has made it, not some corp.
FRAPS show fps, record video game movies, screen capture software