Recording a gameplay demo is a function missing in many games and would improve ArmA 3. It would also offer movie-maker like possibilities.
Another specific usage for me would be: Play the game at normal resolution with good fps and recording the game. Later during playback use a completely different resolution and quality setting (in my case: 6K HD) + a few external (not necessarily ArmA 3) tricks to get a nice constant 30 or 60 fps movie.