Hi All, I just found the coolest tool to use with Live video feeds. Its http://webcammax.com/ and it can be used with your webcam or with your digital video camera using a firewire connection.

We are about to start doing a live feed on Ustream.tv showing how to make these websites in less than a few hours a day to start generating hundreds of dollars per day within 8 weeks or less. So to get the message across, I am using Camtasia V6 and was looking for something to do live recordings to add some cool video effects. That’s when I ran across http://webcammax.com/ recorder with all these awesome features:

* Work for all webcam programs
* Add a variety of effects over webcam
* Download thousands of online effects
* Record video with effects and broadcast on YouTube or your Blog
* Share your screen with friends
* Play movie for friends or trick them with a fake video
* Select Webcam, Screen, Movie or Picture as PinP Source
* Paint on the video box directly

Some of these cool effects include:
Five types of Effects:

Transform: apply Distorting Mirror, Fire, Mosaic, Line, Color, Snow or Water to your video show

Mask: wear all kinds of glasses and hats, or change your hair style, or even pretend to be a famous people

Background: Change your background to the place you like

Frame: add some Frame to make your video cooler

Emotion: use smileys you like to express your feeling better

Text: type what you want to say on the video box directly

A large number of online effects to download

Customize effects properties: change the effect’s color, position, size, speed and etc.

Create your own effects: Just follow the guide and it’s really easy and fun

It also integrates perfectly with Ustream.TV and easily learned in less than an hour.

So check it out yourself and remember it’s a tool for business. Because otherwise you will have too much fun with it and forget about working (like I did).

Let me know what you think.
Damon