I have created another screencast tutorial here:
I understand that it came out kind of long and above the 3 minute time limit but I could not figure out what I could cut out. I needed to explain the settings in a quick fashion but also display what they do and this was the best I could do. I could cut out the comedy part about each student's grades which would put it under 5 minutes but I felt it was needed to entertain some teachers too.
If this is acceptable then yay ! But if this needs to be shortened then please leave some suggestions on what parts aren't needed.
Also any other suggestions and comments are welcome too!
P.S. I also have a surprise gift for all of Moodle by the end of this contest.