Downloading Expression Encoder 4 SP1 to do some screencasting. It's free from Microsoft. It replaces Windows Media Encoder, which I used a few years ago when I was into screencasting. I'll report back with my findings.
http://www.microsoft.com/expression/try-it/
Update: Had to install dotNet 4.
Crazy Update: So I started installing Expression. I thought I did, but in fact, it downloaded, realized I didn't have dotNet 4 and asked me to install that. I installed dotNet4. I couldn't find Expression. Had to download and install it again. Then it starts up and starts installing again. Good ol' M$FT.
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