I originally tried LBC in 2013
Just decided to give it another go but I can't make head nor tail of the help
Here's my setup failure screenshot which hopefully is self explanatory
Is it an old help document or have I just got 8 years dumber?

Checking the software again, I can see that I can't control the rate at which the stream is either captured or written to disk. It's the edited save compression post-capture that I can define and, as I won't be using ShowBiz for any of the post processing - that's purely academic.
Once I know what my source quality is, I can control the format and compression through Power Director.
When I experimented with capture straight to a USB stick earlier, the dropout rate was awful, so I imagine the throughput to a pluggable hard drive will be just as dire. Only got USB2 on the XP but obviously, I can simply capture to the XP's HDD and then transfer to the pluggable 1TB drive. When I move it to the 8.1 machine, hopefully the OS error correction protocols should ensure a smooth transfer and I can take advantage of the USB3's superior throughput. With 1.6TB free on this box, I think I may just be able to cope.
One of the joys of transferring on the XP in the cellar is that I can set a timer and then come back up here and stay in touch with the rest of the world pro tem.

As long as I'm allowed the same, spout BS that is :)

If you feel the need - be my guest ;)