Just some thoughts on recording software and quality of initial recording.
Never heard of Fraps until this post. I watch a lot of content on game stream setups, streaming advice in general, and not once have I ever heard of this software. There are three very dominant software names out there. OBS, Streamlabs OBS (SLOBS), & xSplit. Yes the standard manufacturer software to your graphics card. I used OBS, and offers a wide range of features and flexibility. Never had an issue editing any of the files from OBS. OBS has a huge support group, vast amounts of plug-ins, huge amount of Tutorials, although I do recommend watching EposVox on YouTube. All of his advice is the best I’ve found and very accurate. SLOBS & GeForce is easy to get set up, but lacks serious advanced settings which are standard with OBS, as I have created different Profiles for each game, different scenes, etc…, where with other software, you can’t. I’m guessing you can with xSplit, but I’m not going to pay to find out.
I too thought the highest settings are the best. Then when I finally started testing each game to see what was needed for the bit rates, it was much, much lower than I had thought to get the quality I was looking for. If you’re going to publish to YouTube, I’d stick in the 60fps range. The bitrate would depend upon your game and what you want as a result. Use VLC to play back your test footage to see what works best for you, or else invest in a nice NAS system where you have to swap out hard drives for each game session you play.