It it a good program? is it worth the 37 bucks? or are there any other programs that does the samething that is free out in the cyber world.

I never found anything, I liked fraps

Fraps does pretty well. No complaints on it from my end.
If you actually pay for it ( I did ) you basically get all
the upgrades for free. They notify you via email once a new
update is out, so you can just jump to the site and download
it.