Making a screen recording of my programming work

I saw a cool video of someone coding a NES emulator. If you watch it, you see that there are no pauses, no hesitations, .. He gives a bit of information on how this is done on his site. The idea is based on tool-assisted videogame speedruns.

Does anyone know tools that can be used to create a similar effect in a modern IDE, like visual studio? Normal video capture programs like CamStudio don't cut it.

• You'll want to capture in high definition so the text is readable. There's nothing worse than a programming tutorial on YouTube where you can't read what the guy is typing.
• You'll also want to be able to cut out parts of the recording where there is nothing going on. Hesitations and pauses for thoughts for example.
• It might be a good idea to switch to a low screen resolution (1024x768 perhaps) and run the IDE in a fullscreen mode so that there is no unneccessary clutter in the video and the code is easy to see.

Take a look at that list SQLGuru created for a video capture program which makes the cut.