Camtasia also has a DX recording option these days that seems decent if you already happen to have a copy of that.
Fraps is what most people use and is very reasonably priced for what it does - make sur eyou buty it - there is nothing more tacky than a demo reel with the shareware message on all your videos.
If you want to capture from the 360 then you will have to go with a hardware capture solution.
Play Kissy Poo - a game for 4 year olds on Xbox and windows
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