Try the LITE before paying for this!
For being note taking application, the outlining function is AWFUL! I hope you get more than just more than 5 minutes of recording time on the full, paid version of this app. Ive been using Word for Macs Notebook function to fill this note taking role for a couple of semesters now. Ive had an awful time with it the past semester with saving multiple lectures in the same document under a different tab--not the case before a more recent update. That has worked pretty well, but my biggest complaint is you dont have the full power of Word and its pretty darn difficult with math related notes. Still havent found software that offers a full suite of note taking functions for a wide variety of situations.
AudioNote LITE is VERY basic and offers a lot of nice drawing functions, but it doesnt seem to offer me more than what I have with Word for Macs Notebook. If you dont have Office for Mac or dont want to drop the Money, its better than nothing, but currently its pretty lackluster. I may get it for iPad, which may make it more functional for me.
wakeele about AudioNote 2 LITE