The cheapest way to capture footage from a console is to use a USB Capture Card. These inexpensive products allow you to send a video signal to the device, which will send the signal to your computer. The good thing about these devices are that they are small and inexpensive. The bad thing is that it will be impossible to actually play the game you want to capture footage from using the device, and the video will be in relatively low quality.. Because of the need to encode the video as it captures, there will be a significant video delay in terms of response time. This simply means that an action you make in the game will not be shown to you until about 2 seconds afterwards, making games almost impossible to play. Only use external devices on games in which you can save replays. This way, you can play on your normal TV, save the replay, then hook the console up to your USB Capture Card and record the replays later on. If you want to be able to capture and play at the same time you will need either a signal splitter to split the video between your USB Capture Card and TV at the same time, or an Internal Capture Card.
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image capture library