The iKEY Plus is a portable audio recording solution. It can record in uncompressed WAV or MP3, with bitrates up to 320kbps. There is a backward compatible USB 2.0 on the side that allows it to record to any external USB storage device.
It also features a 6-bar VU meter, overload indicator, phono pre-amp and an LED to indicate how much space your storage device has left. Unfortunately, it only has a mic in port and no built in mic.
I’ve been looking for a portable, high quality recorder that can record straight to MP3. This looks promising despite the lack of a built in mic. I’d very much like to try one of these. It will be available in October for $239.