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BasilZero said:

I dont understand what you mean at all lol.

I was wondering if this means I can record PS4 games on a harddrive and/or record- transfer it to PC so I can edit the footage rather than edit it on the PS4 and share it via the share feature o.O.

That you can do with the Share feature.

The video capture over HDMI means you can get the HDMI cabe in PS4 and plug it into your PC video capture card and record and record like you want... there is no ecryptation (HDCP).

Today with PS3 you need to buy a expensive HDCP to converter the excrypted signal to can record in PC.

It more like that...

PS3 -- HDMI -- HDCP Decrypter -- PC
PS4 -- HDMI -- PC

HDCP Decrypter is expensive... something like that.