I've been looking for something to replace pen and paper for quite sometime and have never quite taken to any of the available solutions (Livescribe, Tablet PC) but this looks spot on.
I'd have liked to have seen a video though, too early to tell whether it will actually make it to market, as advertised, as polished looking and as low priced.
I bought TotalFinder last week, nice app, I usually uninstall these types of replacement apps after about 5 minutes but i'm very happy - keep up the good work!
I think this is a good idea and has been executed pretty well, I don't think this is necessarily aimed at the HN crowd, but possibly at the HN crowd's grandparents.
I'm sure there are some pretty switched on grand parents out there, but I don't fancy the idea of sending my grandmother an SMS. I'd need to call her and no doubt visit her to explain the whole SMS thing.
I have a friend with a parent who is getting on in years, she described a device very similar to this "If only something like this existed" - I've just sent her the link, I imagine a purchase will follow soon after.