Screencast Capture Lite is a tool for recording the desktop screen and saving it to a video file, preserving quality as much as possible. However, this does not mean it produces gigantic files which take a long time to be uploaded to the web. The application encodes everything using solely H624 in an almost lossless setting.
The software is completely free and offers almost lossless encoding in H624, which fits perfectly for producing screencasts with a small disk footprint.
This application is designed for everyone who wishes to produce a screencast without having to deal with tons of options and extensive parameter tuning.