Well, sometime it won't record. It will say "saving" but it won't say the file path and when that happens, it won't save the recording.
And when it does record, for some reason it records like 12-24 hours before the moment I press record.
ex: I was raiding with a friend and wanted to record his reaction for the loot he received, but it recorded the ps5 event we watched the DAY BEFORE.
I used to have the "Instant Replay Off" bug, I got it fixed.
For these bugs however, I couldn't find any solution.