Me and my friend want to start a gaming channel where we want to play old games and review them (Quake, Painkiller, DMC franchise,etc.), and we need a video capture method (Excluding putting a camera in front the screen, because that's just lazy). But, I'm worried that the channel might not be as successful, and buying a capture card would be expensive and a waste of money if the channel goes bad. But, I have been looking, and I found a youtube video where if you put Y splitters into your RCA cable (Red,White,Yellow) port, plug in your PS3 (that's what I have) or Xbox 360 and a Camcorder into the splitters (plugging in camcorder w/ RCA to 3.5 mm cord), it will record with the camera. But, I want to know if I can plug it into my computer (via USB) to monitor,save, and edit the recording. Also, my brother keeps saying that the RCA cables only upscale to 480p. But, I have seen tutorials where people went into the video settings on the PS3, changed the source to RCA, then upscale it to 1080p. So, is this a good alternative?
P.S. If I can monitor it on my PC, what software do I use?
P.S. If I can monitor it on my PC, what software do I use?