It's probably the same problem I had when I used this program, you need to follow the instructions, but i'm assuming you were using a media player of some sort?
You need to turn off your Video Acceleration.
in WMP, go to Tools, Options, Performance, and it's there.
Then try recording a movie or something in WMP, and it should hopefully work.
EDIT: I shouldn't have thought so hard about the topic of this thread, it's not next year