I have now been using this Elgato (The newer HD60 version for next generation consoles) for over 2 years and it has yet to disappoint me.



First the initial setup:

The HD60 is pretty simple to setup upon arrival. You simply disconnect the HDMI coming out your console from the end going into the TV, plug the TV end into the IN port on the HD60, then plug the supplied HDMI into the OUT port then the other end into the TV.

After this you plug the USB cable into the Elgato and then into your computer.

Thats all the hardware setup, from here you just need to setup the software side of things which Is relatively simple. All you need to do is go to Elgato's website and download the 'Game Capture HD' software that will allow you to get the signal up on your computer.

PS4 USERS: (If you get no signal you need to go to your PS4 settings > system then untick 'Enable HDCP'



Overall the setup is pretty straightforward and the Elgato has a light bar that will flash to tell you if something isn't setup right, nice and simple.



For those who don't want to use the Elgato software to stream/record, you can also download free programs such as xSplit or OBS. You can go to input sources and the Elgato should show up there.



Pros:



The Elgato captures great quality video without any issue.

Its very easy to setup.

The Elgato software allows you to stream + record straight from the software.

If you use other streaming/recording programs the Elgato video signal can easily be picked up by these programs.

The Elgato software also has a time machine like feature, meaning if you have the software open, even if your not recording, you can go back and watch footage that the Elgato has picked up, the software effectively records everything and then if you don't actually hit record/go back and save what its recorded, it deletes it.



Cons:



Can be pricey, there are other options out there, however in my opinion the Elgato is still the best screen capture device.

If your using PS4, you must disable HDCP when you use the Elgato, this means some programs won't be allowed to run, I believe that includes ones like Netflix, so if you use your PS4 as a media centre also, you may need to keep changing settings and changing what cables are plugged in as with HDCP enabled you may not get any signal through to your TV.

There's a slight delay between when you make & see an input on the TV, and when it appears on the computer, meaning you still need to use the TV to play the games without the delay,



This is a great peace of kit and a good investment for anyone looking to start up streaming or a YouTube channel, its probably one of the easiest ways your going to be able to get a good quality HD image from the console onto a computer that you can then record/stream on.