Everytime I try to capture or convert I get a EC_ERRORABORT notification 0x80070070
The file size will not go over 4 gig either on the conversion.

Also, when I am capturing many clips at once, it will capture the first clip and duplicate that clip over and over and over.

any ideas...

Are you not running on an NTFS filesystem? FAT32 is limited to 4GB files.