Here’s the Deal
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When comparing Cameleon vs ShadowPlay, the Slant community recommends Cameleon for most people. In the question“What are the best software tools for live streaming?” Cameleon is ranked 3rd while ShadowPlay is ranked 5th.
Specs
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OSWindows
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Pros
Pro Free to use
Pro GPU accelerated encoding
If you want to record 1080p 60fps, this will get you there. If you were having performance issues using CPU encoding before, Shadowplay will most likely work 10x better that you swear that it doesn't appear to be recording at all.
Pro Allow recording video after the fact
ShadowPlay can set up a recording buffer and only save to a local file if needed.
Cons
Con Some people don't understand, how to use it
Con Nvidia cards only
Only works with Nvidia cards, so those with AMD cards will not be able to use this app.