http://www.willingsoftware.com
> how can you record pc cam video
Movie save > Enabled -> on
Movie save > Cycle -> on
Movie save > Cycle > Value, Period
You should select the 'Enable' checkbox and clear the 'Cycle' one if you are going to use the feature instantly by clicking the 'Capture' button above the preview window.
> to playback on msn windows live instant message that makes it seem to other person it is a live feed?
Select a movie as a video source and use the intermediate driver.
'Video Device > Video Source > Movie',
see also the corresponded options below.
How to work with the ‘Video Device > Video Output’ feature:
http://www.willingsoftware.com/help/howto.shtml#29