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One benefit this has is that in regards to H.264 (hardware codec), the coding for D3D Gear allows you to encode beyond 1920x1080 at 60 FPS, and most other applications are limited to standard 1080p with H.264. You could try ultra-HD resolutions with XVID or X264, but you'd have massive lag spikes that could ruin a video (been there before).
On the down side, though, I think this program needs two major functionalities:
1. I'd like a better overlay interface, rather than having to manually enter resolution locations for a webcam or image overlay. Even Bandicam can do a bit better than that.
2. I'd like the ability to set a "max bitrate" for a video. At resolutions like 2560x1440, even on "Good" quality you are looking at 100,000+ kbps, and on "Best" it's around 200,000+. This isn't a huge issue, but it's still a very large file output and it can cause post-production lag in the output video at times, so I hope they add that feature in.
I am sure if you will take a moment of your time to message the developers at support@d3dgear.com or use their form at http://www.d3dgear.com/contact.htm they will be more then happy to help you sort out what ever the problems are that your having.
If you can include screen shots & as much information as possible so that they can better assist you.
Can you check if you are using latest D3DGear 4.97? There was some twitch.tv streaming issues, but they were fixed already last month.
Big Kiss Fred :)