When I use Fraps I encounter various issues, sounds like: "Doctor, when I press here, it hurts"
The standard answer is: "Don't do that", so don't use Fraps, that is for gamers.
I do only use it for gaming recordings, but apparently I have to specify something that obvious. Aside from that, it's not what I'm having issues with, it played just fine from the raw Fraps recordings, but not after being edited in Adobe Premiere
Well, apparently you have not read my answer, but obviously thanks for repeating me. Fraps is for gamers and if that works, stick with it. If you want to edit that stuff, use a more consumer oriented tool, like Elements, WMM, Pinnacle or Magix.