Of course, this type of app stirs up memories of the Newton. Beam:
So yes — SpeedText doesn’t approach the nerdy-coolness of the Newton. Then again, most people don’t have a Newton lying around the back of their closet. In that case then, the app is a solid note-taker, particularly if you’d prefer scribbling to the built-in keyboard of the iPhone or iPod touch and so long as your note needs remain simple. SpeedText can certainly handle simple notes — at least until something better comes along.
After using the $2 app for a while this afternoon, I’ve decided I don’t like. Handwriting worked on the Newton so well in part because of the stylus. Writing with my index finger is inexact and slower than typing.