Hello guys. I know i'm at the right place to ask this and i know you guys will come up with a nice solution

here is the issue.

I'm new to captuing. like this will be my first time ever. and i am seeking help.

I've xbox 360 and Ps3 both connected to my 24" BenQ Full HD Screen via HDMI using the 10$ HDMI switch which is awesome.

now i'm want to be able to play and Capture at the same time and all Capture cards that are within range (40$) are using component or composite video and i can't use the Component cable trick as this way i will not be able to play at the same time i record the games i play.

My range is narrow i know but i'm sure some one will come up with a solution...

here is the info i know.

XBOX360 can't display two screens at a time using two different cable types.
HDMI Capture cards are at least 140$
I can't play and record at same time if i use a USB record card. "Correct me if i'm wrong"

Thanks guys for your help and i'm waiting your answers.

Cheers.