The ZPen also has no mouse mode and the software lacks a few features of the IOGEAR product, most important among these are searchingfortext in a note (promised as a free download coming soon), and another being the ability to quickly copy pieces of a note to the Clipboard.
Along the bottom, you'll get options for adding a note or highlight, translating, searchingfor instances of the text throughout the book and positing it to Facebook.
So I recommend that prospective buyers view the CrossPad mainly as a means to archive images of handwritten notes and sketches for convenient storage and searching, rather than as a way to convert lots of handwriting to editable computer text.