A:Answer Hey, Josh. It really depends on what you're going for. Both offer little to know latency lag when streaming, and both offer recording and streaming up to 1080p 60fps. The only difference between the Elgato HD60S and the Razer Ripsaw is what devices both cards can record. The Elgato is limited to HDMI, while the Ripsaw has a port for Component. Meaning with the Ripsaw, you could record older sytems such as Gamecube, PS3, and other retro systems. However, you could also buy an AV/Component to HDMI converter.
Hope this helped!