This guide is for people who have experience with computers and have newer hard-drives (couple hundred gigabytes should do). Fraps saves its AVI files in the best quality, semi-uncompressed. Because it is mostly untouched, the files become insanely large. A 50 second video might become 1+ gigabytes in size. I would highly recommend using an alternate (2nd) hard-drive dedicated for file storage, but if you don't it's fine.
Things You Will Need To Download- uTorrent here. (Unlike HyperCam, Fraps is not free so you'll need to PM me for the torrent)
- VirtualDub here
- x264 H.264 Codec here (The download link for 32-bit and 64-bit Windows are under VFW)

Step 1:
PM me to get the link to the Fraps 3 Torrent.
Step 2: Go to the "Movies" tab on Fraps and set the Frames Per Second to
30 FPS and uncheck '
Lock Framerate', if it's checked. (Try out different framerates if you want, I feel 30 is good for me)
Step 3: Select where you want the recorded files to be saved (Pretty self-explanatory)
Step 3.5: Check 'Record Sound' and 'Detect best sound input'
By now your Fraps movie tab should look somewhat like mine:

Step 4: Open up AnimusRO. You should see a
yellow FPS counter in the top left hand corner of the screen. (You can change where the FPS counter is/remove it under the FPS tab.)
Step 5: Hit the HotKey that you set which starts recording your video (can be changed in Movies tab) I set mine as
\ because I rarely use it, and the aRO client doesn't either.
Step 6: The yellow FPS counter should turn
red which indicates recording.
Step 7: When you are done doing whatever you need to do, hit the HotKey again to stop recording.
Step 8: Now go to the folder or directory that you chose to save your recording. It should be there.
Step 9: Open up the file with
VirtualDub.
Step 10: Navigate to Video->Compression or just hit
Ctrl+P.
Step 11: Select
x264vfw - H.264/MPEG-4 AVC codec.

Step 12: Click the Configure button.
Now this is the part where most people will get lost. Pay close attention.Step 13: Inside the main tab, select
Multipass - 1st Pass and move the Target Bitrate to about
3000~4000.
Note, higher bitrate = larger file size = better video quality. Lower bitrate = smaller file size = inferior quality.
Step 14: Set the
AVC level to
5.1 and the
FourCC to
H264.
Your x264 window should look something like this:

Step 15: Press okay.
Step 16: Press okay.
Subsection - Adding an Audio track:Want some music instead of the normal aRO sound effects?
Navigate to Audio->Audio from another file and select your music. If a window comes up, select 'Autodetect'.
You can alter the volume from 'Volume' and change the delay/advance in 'Interleaving'
Step 17: Go to File->Save as AVI (or press F7). Find a location to save your new file and hit okay.
Step 18: Wait a while, if you're not multi-tasking of if you have a strong proccessor, set the
Proccessing Thread Priority to "
Highest" to encode it slightly faster.
IMPORTANT - Nth Pass:x264 records some important data when it encodes your AVI for the first time. That is the 'Multipass - 1st Pass' function in the configuration window.
To utilize that data and optimize your video, go back to the configuration and change 'Multipass - 1st Pass' to 'Multipass - Nth Pass' after saving+encoding the first time (using Multipass - 1st Pass)
Save your AVI file again (using Multipass - Nth Pass), and it will re-encode it using the data recorded from the first pass.
Step 19: The file size should be drastically reduced yet quality remain extremely similar.
Step 17: Go to
www.youtube.com and logon if you have an account. (If you don't, then make one)
Step 18: Click on the "Upload" link on the top right corner.
Step 19: Locate the encoded AVI file and start uploading.
Step 20: While you wait, you can fill in the information (Title, Description, Tags, etc)
Step 21: Copy your video URL to share. If you uploaded in YouTube HD (Explained in the FAQ section below), you may need to wait a few minutes for YouTube to finish processing the quality.
PM me or post here if you have any problems.
By Linmakana