My recommendation? Buy a Minidisc player/recorder. The Sharp MD-722 is $180, before any coupons. It may be a bit bulkier than other MD-Rs, but it does cost much less. And it has the convenient slot-load, a jog-dial for easy naming, and a LiIon battery that lasts for 10hrs. And you're getting something eminiently more portable than a MP3 player, as you can take it with you and record anything, and extra MDs are cheaper than extra RAM. Just my US$0.02.