I'm still struggling with this.
I don't know wether it's just my settings but I've yet to find a combination of settings which enables captures to be performed which result in .jpg file and little playback lag.
From the rendering list in my BSPlayer, the bottom bunch (EVR, VMR 7 / 9) all result in .bmp files despite .jpg specified as output in the settings).
The top bunch (Internal renderer) seem a little more stable. With tweaking some are almost there (Internal Renderer Overlay), however this seems to be lost when YV12 format, YUY2 format and Disable YV12 format are deselected (which tends to be needed otherwise the default capture colouring is really desaturated).
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