After the recording phase, I intend on working with Windows Movie Maker first to see how much editing I can do with it. I kind of doubt that I would need high levels of editing for my videos, at least not yet, but seeing how I've heard good things about Sony Vegas Pro, that is something I will look into later on.

http://socialtimes.com/fair-use-youtube_b61891
As well as the "Copyrights" link at the bottom of YouTube's page.
Searching "Copyright Laws regarding Let's Play videos" on Google provided quite a few discussions in forum threads regarding the matter, with most of them pointing out that while it's technically a legal gray area, it's unlikely that a game company will file a copyright infringement lawsuit on an individual for uploading a Let's Play video.
Sooo... in the end, I'm still a bit iffy about how much content I can put in my videos, like... whether if I could put music from other games in them, or whether if giving credits to all things included would be mandatory.
I'll try experimenting a bit with a few recordings and see how well they turn out. It's about time I get some more content on this blog anyway.
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