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Reference:
Preferences: Movie/Video (2)
Mirror video (like iChat)

Applies to live video. When checked, the image you see is flipped so it looks like you are looking in a mirror.

Live video loop

Applies to live video. Live video can have a
loop length, which allows you to apply effects that change over time.

Full Screen Live Stretches to Width

Applies to live video. When checked, the live video output is stretched to fill the entire display width. This is useful if you have a widescreen monitor.

Instant snapshots - no delay

When checked, clicking the camera icon in the live video view captures the image instantly. When unchecked, there’s a 2.5 second countdown, giving you time to pose.

Open movie after exporting

When checked, your
exported video will open in the application you have set for opening video files. If you’ve set iTunes to open videos, you may want to uncheck this so that the video is not copied into your iTunes library.
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