BB Flashback Express is free and absolutely superb for recording anything on a Windows screen. Ability to export to AVI already puts it ahead of the competition, and being able to highlight the cursor in post-processing is unimaginable for a free product. Cropping/zooming is also available!
I couldn’t find a way to cut bits out of the clip; but that could be because I was in a hurry and didn’t manage to learn the feature.
Very happy with this find!