Dinny, no idea. I would doubt that that software could run on an iPad. That stuff is for windows and usually is proprietary but who knows. If so, I can see Court Reporters moving from their notebooks to the iPad.
Stretch, when I first saw it I said that is dumb. However, for me, I would have a purpose that would make it useful to me. I would not use it other than those instances that I needed to take notes. The only issue with that would be printing but then I could just email the notes to myself.