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Excellent, another vote for the "Don't clear" team.

In regards to the buffer, this is stored in the location specified in config/tv/capture cards/ and then the properties for each card listed.  Edit then the recordings tab.  It's kind of hidden, but that is the most logical place for it.  Recordings go here and there is a folder marked "Card 1" etc, where the buffer goes.

I hope this is what you were asking.  If you want to specify a different location for the bffer thean the recordings then this is not possible at this time.