It seems like a very nice thing to have if you record a lot.
For us poor people there is a Android application coming that will be for free!
It contain eight tracks and effects plus that it is supposedly working for recording outside of the Mikme microphone.
So this is the second Android application coming out from Kickstarter campaigns for free that I am looking forward to. The other one being for the Oval midi controller that can be used as a standalone virtual instrument with multitrack recording.
To the page: