It's meh, but 8$, you can't complain....
The program allows certain quality outputs, maybe I'm just doing it wrong or have bad settings, but I can get decent quality AVI but at the cost of ridiculously huge files... a couple seconds being a few GB. If I want to cheese it out by opting for the smaller file size I get bad video quality. Here are a few samples of what I have:
AVI without editing in Windows Movie Maker (basically, RAW), super duper huge file size unless you use some compressor that will actually make it smaller.
WMV without editing in Windows Movie Maker, smallest file size you can get
MPEG; where you will get a natural screen stretch.
The program by default records in 4:3, recording in AVI or WMV will retain that, recording in MPEG won't.