| I've been using my Creative Nomad Jukebox 3 for a couple of years now and I'm still blowing the minds of my colleagues with it -- wonderful for live recording (thanks again, Phil, for the recommendation.) I use a stereo mic/pre-amp combo from Sound Professionals -- it's OK but I'd probably do something else if I was to make the mic decision again.
The Nomad 3 -- and it's the 3 you want for recording, none of the others -- is based on a laptop hard-drive. Not RAM and not a micro-drive, so it's a bit Cro-Magnon in 2006. 20GB hard drive. Records in all varieties of CD and MP3. It does FireWire and USB for transfer to the PC. Transfers are easy and no-hassle, unlike what you get with any Sony MiniDisc product -- not sure about HiFashionPods.
An hour-long set of live music recorded at CD resolution is going to cost you something more than 1GB in file size. There are many digital recording units out there that may have storage measured at well over 1GB but lack the ability to deal with huge files -- check that out, too.
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