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iTalk Recorder is a full-featured recording app, at $1.99, with a streamlined and intuitive user interface. Press the big red button to record; press it again to stop. You can append to existing recordings, choose from three levels of recording quality (11.025, 22.05, or 44.10 kHz sample rates), and manage your recordings, all with just a fingertip.
You can email recordings straight from iTalk. iTalk also supports Dropbox file transfers and direct file sharing through iTunes.
iTalk is compatible with all iPhone models, iPad, and iPod touch from 2nd generation on up.