I don't know if this belongs in here or public discussion, but I decided to put it here.
Anyways, fraps just plain doesn't work on some computers running vista, and some computers with specific AV software installed. The only decent fraps alternatives are Camtasia (old, clunky, not great quality) and Gamecam (clunky, bad UI, expensive). Also, fraps costs money.
You can sort of circumvent the need for fraps by using a couple of free programs. Here is a quick guide on how to set up your own free fraps alternative:
You need these 2 programs:
VHScrCap:
VH Screen Capture Driver / Overview / Vladimir Hmelyoff's Software Laboratory (direct link to download here:
http://hmelyoff.lgg.ru/VHSC_inst.exe)
And Windows Media Encoder:
Windows Media Encoder
(cant give direct link because of window's silly verification system, sorry. Check google)
Run VHScrCap

press 'create new one'

-press 'track window'
-select 'world of warcraft'
It's pretty simple, just make it look at World of Warcraft.
Leave it running in the background.
EDIT:
It seems it's much better/faster/simpler to just use Virtualdub as your encoding program. (check further posts for more info)
Virtualdub
File> Capture AVI
Device > ()VHScrCap
File> Set Capture File
Capture > Capture Video
but if you want to use WME,
Now open windows media encoder:
This box will pop up-
Go ahead and do "capture audio or video" (we'll talk about the higher quality custom session later), hit okay.
You'll get this screen:

Make sure video is selected and use VHScrCap.
Hit next

whatever file you want
hit next

let's do file archive
hit next

highest quality, sure!
Just hit next through the next 2 screens
If everything went right, you'll hopefully see something like this:
now hit "Start Encoding", alt tab into WoW, do something worth recording, and then alt tab back out and hit "Stop"
Congratulations, you just ghetto-engineered a fraps program
The quality is just decent. It's not as good as fraps and it uses a lot more resources than fraps during the encoding, unfortunately. But it's the best solution if you can't use fraps, as far as I know.
If you want higher quality video, you need to create a custom session and play around with all the settings, specifically the compression and encoding. I think the best way to get higher quality is using a different codec but I haven't played around with it enough to figure out what is best. So far I can get really really good quality but it's like 9 megs per second. I'm trying to find a happy medium.
Hope that someone might benefit from this. Enjoy.