Is this the perfect student note-taking device?

This is a device that is extremely intriguing. "Solidtek DigiMemo L2 Digital Notepad is a stand-alone device with storage capability that digitally captures and stores everything you write or draw with ink on ordinary paper, without the use of computer and special paper. Then you can easily view, edit, organize and share your handwritten notes in Windows. When connected to a PC, the DigiMemo L2 offers an on-line writing function which can instantly synchronize your writing on the paper with the digital page in its software in Windows. It also is a USB tablet device in Windows. "

So my question is could this be a student entry tablet for use independently as well as in class, with products like DyKnow Vision, Classroom Presenter, Ubiquitious Presenter, MS Windows Journal, One Note and more? Does anyone know? Have you tried it? Let me know.