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Plans to be an i-reporter?
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The short answer is NO...not unless Apple does a software upgrade. As a dictation machine, the iTalk on top of an iPod is a great idea and extremely convenient. The only problem is that there is only one recording quality 8 kb/sec, which is worse than phone quality, especially if there is any hint of background noise. On big speakers it sounds dreadful. Is this because Griffin have a crappy quality microphone inside? No, it is Apple that has set the recording quality so low. That's a shame because the microphone in the iTalk is actually fine.
So for the moment, I would NOT recommend this solution to budding podcasters/broadcasters. When you bump into the most interesting interviewee of your career, you'll want to capture their wisdom in better quality.