When you buy Fraps, you are probably purchasing the software as a way to capture screenshots.  With Fraps, you don’t have to copy and paste into another application as a way to capture a screenshot.  You will instead set up one touch copying, which will automatically name and save the file.  Check out these free alternatives for your screen capturing needs.

Get the free and similar Jing program

Jing is a free online download that is simple to use and can capture screenshots instantly with a single button press, much like Fraps.  Simply assign a hotkey for the program, such as F11.  Jing allows you to not only share screenshots, but short movies as well and embed them into your email, websites, or chats.  [Jing Download]

Edit and capture with iQuick Screen Capture

If you want to not only capture online screenshots, but edit them as well, you can download iQuick Screen Capture. You can save images as a BMP, JPG or GIF file.  Editing capabilities include the ability to crop, resize, add text or include shapes.  You can also capture screenshots in ten different ways with the free program: full screen, active window, object, region and more.  [iQuick Screen Capture Download]

Zap and paste your screenshots with Zap Grab

Zap Grab will appear in your Windows launch bar.  Simply click on the icon and then click on the area of the screen that you want to capture.  Once you have captured the screenshot, you can paste it into any program.  It is probably the easiest program to use and can be downloaded quickly to be used instantly.  The one main drawback is that you must have Windows Vista installed in order for the app to operate.  [Zap Grab]