Concatenated version:It's awesome, records 1080p over HDMI at flawless framerates as well as high bitrate, manages source resolution changes in the middle of recording surprisingly well, good audio that's properly synchronized, and doesn't need any excessive cables to operate (low-profile). This is a very good product that is perfect for people who want to record gameplay or any HDMI device that doesn't have HDCP encryption (until Elgato decides to include an HDMI splitter in the recording device or the user has their own). It earns 5-stars as a recording/livestreaming device, not video editing software.A lot more details:The image quality is like the source (check included pic) and he recording bitrate is quite high relative to YouTube's recommendations. YouTube's recommended bitrates for 60 FPS are on the left and my recording results are on the right, also at 60 FPS.360p: YT~1.5 Mbps | HD60~N/A480p: YT~4 Mbps | HD60~11 Mbps720p: YT~7.5 Mbps | HD60~20 Mbps1080p: YT~12 Mbps | HD60~40 Mbps1440p: YT~24 Mbps | HD60~N/A2160p: YT~53-68 Mbps | HD60~N/AYou may need some more hard disk space if you decide to record in a higher bitrates/resolutions. Cool thing is that the bitrate is high enough that it would be worthwhile to upsample the video to a higher resolution if you're using YouTube to allow the video player to output the higher bitrate to improve video quality.It should be mentioned that you can record interlaced (I tried 1080i), but only at 30 FPS. It is strongly apparent that the HD60 automatically deinterlaces the video (based off of the output video properties which was set to export at MP4). Major pluses for that.Audio is recorded at around 224 Kbps, with 2 channels (stereo), and with a sampling rate of 48 KHz through HDMI (I was unable to test the 3.5mm jack). Nothing fancy, simple, and sweet. It also allows you to record commentary and audio from HDMI/3.5mm source independently so you can control/modify it in post-production if need be (as long as you don't edit with the built-in software).Livestreaming is extremely computer intensive and your system should be up to par with the mandated specs if you want to, but if your computer can handle it, it's impeccable. Audio control for both game and commentary is astonishing with simple "knobs" with db levels next to them as well as audio monitors. The software is well set up for uploading directly to YouTube and streaming by allowing information for the game you're playing, what level you're on, the title of the video/stream, and the description as well as doing simple tasks like cutting the video and placing it where it needs to be. It's sufficient for say a new YouTube user, but someone more professional or one that yearns for higher quality and options for editing may want better software that can import images and control audio levels post-recording.Lights on the top of the HD60 indicate what is being transmitted to the device and what's happening if you're familiar. I did not have to use it and it tends to be out of sight, but it's helpful if you need to troubleshoot the product for whatever reason or for alerts for if something happens in the software that was unexpected and you can't view it while recording.