LICEcap can capture an area of your desktop and save it directly to .GIF (for viewing in web browsers) or .LCF. LICEcap is an intuitive but flexible application (for Windows and now OSX), that is designed to be lightweight and function with high performance. In addition to .GIF, LICEcap supports its own native lossless .LCF file format, which allows for higher compression ratios than .GIF, higher quality (more than 256 colors per frame), and more accurate timestamping. If you record to .LCF, you can play back the .LCF files within REAPER (and/or use it to convert to .gif or another video format).
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