if youre going to use fraps this is important, how fast is your computers cpu?
when recording at 60fps in a pretty intensive game it WILL bog down a slow computer. my cpu is a dual 1.8 and it cant run many physics collisions while recording at 60fps half size in blobber. i think Sol would probably be the best person to use for recording the cpu intensive games judging by his rig
and you can record inside the layout editor, its just a bit strange because of the way the its rendered.