Sure you can do this with a simple audio recorder and OneNote, but looking at the screenshots, this seems to be really easy to work with.
The best thing: It’s under 20 bucks. Now if you have an application aimed at college students, you’ve got to have the pricing right! Good work there.
If anyone tries it, let me know.
I won’t be needing this for “college” work anymore, but I know tons of cousins who will, in the next few years.