Summary: I think it is a bit expensive for what it is - a quality voice recorder. But it doubles nicely as an mp3 player, which is fantastic. However, the interface for music is pretty bleak, it is obviously a voice recorder first. I like the fact that the voice recording is in stereo; although, I am not sure why that is useful - if you are looking to do good stereo recording, I would purchase the exterior mic to go with it.
Summary: There are more informative reviews written about this product, so I won't belabor the issue. I think this product is the same as its 256mb and 512 mb counterparts, except for the memory size and the color. I got this product because I wanted a voice recorder with MP3 player function, not the other way around, as the mic/recording quality on those MP3 players with voice recording function were considered to be mediocre.