“People familiar with the latest betas of Mac OS X 10.6 Snow Leopard have been reporting over the past several weeks the addition of a ‘Screen recording’ option in the File menu of the new Quick Time X Player due to ship with the OS overhaul later this summer.”
“When selecting the screen recording option under recent pre-release distributions of Snow Leopard, a recording interface prompts the user to begin a video capture then disappears. A small footprint controller in the upper-right hand side of the Mac OS X menubar can be used to end the video capture.”

Via Appleinsider.

I just keep on getting more and more excitied for 10.6. Check back often for news and reviews covering everything Apple.