Stan Miasnikov has PhatPad (iTunes Link) for the iPad in the iTunes App Store for 99-cents (7.99 – 7 instant savings) for a limited time.

More than another note-taking app, PhatPad turns your iPad into an advanced brainstorming tool. Draw, write, and type your ideas then instantly share them via email, WiFi sync, Dropbox, or presentation mode. PhatPad’s digital ink technology and handwriting recognition engine allows you to scribble handwritten notes and drawings and convert them into digital text, or perfect geometrical shapes.