Settings for a good screenshot and video Capture

Hi guys im just wondering what is used to make a good screenshot and video capture..
so what do you use and what are your settings
I use a licenced version Fraps for screen shot and video and have tried clicking things but I don't really know what im doing
so my questions are
  1. I have the nvidea inspector, do you have any specific setting used in that for gtl
  2. what is the best image format for a screenshot in fraps
  3. what are your setting for for the video capture in fraps to get a 720p HD vid on youtube
But please feel free to post other software used to do the same job with setting used to help us all along
i do use the windows live movie maker to edit from fraps and upload to YouTube and have also on my other pc wondershare converter and editor .. these I can work my way through but it its poor quality to start with its hard to improve.
 

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