Try version 0.9.3 if possible, there is a new recording mode and more improvements.
When you press the red record button it records the video using the mode set in Preferences > Capture > Recording. This defines if delay is taken into account or not and whether the recording is done on the fly or not.
It decides to compress the video or not based on Preferences > Capture > General. Depending on the speed of the storage medium and the CPU one option might be better than the other. If you have an SSD with room to spare you can try recording without compression.
If the length of the recordings fit in the delay cache you can try the Retroactive recording mode. In this mode it stores the frames in memory until the the recording operation is over and then compress/save all at once, this avoids dropped frames. You can change the size of this cache in Preferences > Capture > Memory.

