Hi, welcome to TSF
Fraps uses its own proprietary codec, so not all video editors can use it properly. VirtualDub can handle pretty much every type of file, and is very easy to use. See here for more details - How to Convert Fraps to DivX
Fraps uses its own proprietary codec, so not all video editors can use it properly. VirtualDub can handle pretty much every type of file, and is very easy to use. See here for more details - How to Convert Fraps to DivX
For the sound problem, right-click the Speaker icon in the systray and click Recording Devices. Select the microphone with the green checkmark next to it and click the Properties button. Click the Levels tab and adjust the volume and boost sliders.