I've been playing with and trying out this new software. With a good quality mic and sound card, it's actually pretty darn accurate. In fact this entire post was created by simply speaking into my microphone. Quite the novelty. Enjoy!
http://www.youtube.com/watch?v=W3DhnpLIKCQ
http://www.youtube.com/watch?v=W3DhnpLIKCQ