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Okay, now we get to the actual tools you're going to use to create your videos. Believe it or not, you can do this at absolutely no cost.
How?
Well, imagine the Photoshop Tutorial niche.
You're not going to need a camcorder taking a video of yourself, right? All you're going to need to do is find a way to record actions on your PC...
It is almost as powerful as Camtasia, the paid solution, and will easily do screen capture videos.
If you can afford Camtasia...get it. It is very powerful and will offer you many features that Camstudio does not.
Now, if you DO want to do things like guitar lessons, then yes, you are going to have to invest in a camcorder of some kind. There is just no way around this.
But most people today own some kind of camcorder already, so this shouldn't be a problem.
Before you actually create your video, you want to script the whole thing out. Few people can do things off the cuff. So you want to make sure that everything you say is written beforehand.
If you're shy in front of the camera, screen capture recordings are your best bet. And you don't have to create the whole thing in one shot. With editing, you can do your video in bits and pieces.
In fact, if you watch the slide guitar video, you will notice that there were edits in it.
Don't be afraid to edit. Nobody is going to crucify you for it.