Infact what it does is it litteraly lets you record your users' browsing session and play them back. The service is in beta mode and its the service from Tapefailure.

After that, you just drop in a small piece of Javascript into each page you would like to track, and from there Tapefailure handles everything else. Tapefailure tracks your users and records both tapes of your users' browsing and statistics about the users' browsing session. All you have to do is log into your account and from there you have the ability to view the recorded tapes and statistics.
The idea here is to help understand and analyse the behavior of the user and improve your site.. just as they say Record, Review, Revise.
Heres' the official site