I figured out why nothing happens with the recorder panel, even if I press configure codec nothing seems to happen but this time I happen to alt + esc to get to the desktop and I saw this.
So turns out the config can't come up unless I alt + esc after pressing config to get it to show up.
I tried all the codecs available and none worked, all get " codec failed" error. However full frames uncompressed option works but really bad performance as seen here, mouse barley responded to movement. And youtube did not recognize the audio and plays 4x speed for some reason with no way to edit it on youtube like you could before. So you have to choose 0.25 x to view it as it was on my PC.
[youtube]u8-GYh4kU6c[/youtube]
Here is an earlier test I did with afterburner and it records great with no issues as does fraps but will higher compression and overlay which is a nice bonus.
I was looking at CPU/GPU load balance with different LOD settings with this particular video.
[youtube]TT6dTCSG_04[/youtube]