The resolution: 320x240
But I'm returning it to the manifacturer:
The website lets you think that you can easily burn a Video CD directly. You CAN'T, as the mpeg files are MPEG-1 and there is no video editor that lets you edit / trim the movie (ie: split it in blocks of 700Mb each).
I contacted Elgato, and they told me that they're aware of the issue (so why don't they post it among the faqs???) They told me to use a softare to demuxe the mpeg 1. It's a long long process and it doesn't work properly.
Too bad as everything else seems to work perfectly.