My suggestion would be to have multiple HDDs. One for recording on and one for your game, this will in no way solve your whole crappy FPS problem while recording but it will grant you a handful of frames but it all depends on your hardware and other limitations as well due to your current configuration. But I will insist that it is all due to your hardware limitations. A good idea might be to run your feed to another system for recording-then back to your monitors or tv; which is what I do, and that enables me to play my games without any restrictions from the recording equipment and I get beautiful 60+ FPS uncompressed raw footage. If you end up taking that route, make sure your recording computer has the hard drive capacity and power (by power i mean writing/reading of the hard drive). I have 2 640GB WD 7200RPM hard drives in a raid 0 where the data is striped, so basically I get a bit better reading and writing speed but not a whole crap ton. When I'm recording, my recording computer is "red-lining" if you will, the HDDs are writing all the data that is coming in and my -cpu- quad core amd phenom x2 black edition OCd to 3.6 Ghz is probably my bottleneck. Anyways just providing some insight on my experience.Maybe you or someone else will get some ideas.