Try this manual method with IE:
Enable showing of hidden and system files.
After the movie has finished playing, go to Temporary Internet Files. In XP the default location is C:\Documents and Settings\username\Local Settings\Temporary Internet Files
If you open or refresh this folder right after the movie, before you do anything else with IE, the file will be at the bottom.
It's a good idea to empty the browser cache (delete temporary internet files) before you start the process. Also make sure the cache size is not too small.
Already tried once, no flv or video files are shown there. Maximum size file in that folder was one video from another site which was of 1.5 MB
Use Camtasia it is a screen recording software it is not free 30 day trail so give it a try start recording maximize the video u want to record also for record audio change the setting to speakers. This software has worked superbly for me....
hmm will surely try this, I earlier tried FRAPS. FRAPS can also record both A&V but it slowed down the video. . .my guess is my system is not good enough to both play & record video with FRAPS. Maybe camtasia works for me. . .