Question about HTC Flyer?

I'm starting to plan for when I start university in late September and I was wondering whether the Flyer is a good enough device to be used over a cheap laptop/ netbook in lectures etc. with a Bluetooth keyboard and using the pen for annotations. Also if I'm right in understanding you can use the note taking app to record sound as well (are these recordings any good?). Has it received an update any further past its original gingerbread build? If you have any other suggestions for another tablet or even a cheap laptop or netbook my budget is £250 and could possibly push to £300

Many thanks for help/ advice in advance