Faster preset in use
You have changed the default preset to superfast. The default of veryfast is designed for the optimum balance of quality and CPU usage. Using superfast will result in greatly reduced quality. If possible, try to change other things such as lowering the resolution or FPS before modifying the preset.
Hook conflict detected
Game capture detected a hook conflict but was unable to determine which application was responsible. Try closing any other applications that may be injecting into your game, such as FRAPS, D3DGear, MSI Afterburner, AMD Raptr / Gaming Evolved, Action!, TeamSpeak/Mumble Overlays or any other kind of FPS monitor or overlay program