Great Hunt, Hunter.

Pros:

• Clear and easy-to-use interface.
• Capable of recording anything on your computer screen.
• Completely free of cost.
• Upload the video to YouTube directly.
• No spyware or adware or any bundled junk.
• Record and edit videos without watermarks.

Cons:

• Only support uploading to YouTube and without saving to PC option.
• Max. 45 minutes of recording time
• In Windows XP, it needs service pack 3 or newer.
• Not provide some editing features like transition effects or zooming and panning on recorded footage.