I just have a basic mic - $20 from the local Wal-Mart, but it will pick up any commands I give it like a champ (if I up the input volume to 100% it helps, and I have to activate the +20db boost if I am doing online gaming (dunno why), but it seems like a good microphone) - I just don't get text. I was able to get it to type "www." in IE, and again in Notepad, but after I said anything else, like "space", it put some random characters. "Balloon" returned ":" I think.
Almost, but not quite.
I don't have $100 to shell out on a voice-to-text app (just ordered a $91 laptop battery), but it does look like a quality app from what the website shows.
Testing Vista's built in SR right now: "Type the blue fox" (type being the command to type apparently...dunno why, the tutorial has you just start talking, but whatever works at this point) returned "wf". "Type bob" returns "p". But "Start Notepad" works great (as does everything else that is command based).
Basically, after running the little tool to help it learn your voice 3 times now: Don't rely on it for anything important. On Screen Keyboard is going to be more efficient at this point - I'll give it some more time tomorrow, but it is kind of upsetting at this point. I can get it to type letters, but whole words just seem to become random items.
Oh well. I am off to tell my PC to sleep. "Start, 15, OK."