Best note taking app and pen out there for ipad?

I would love to know as well?

Penultimate is great for quick handwritten notes and fast sketches. LiteNotes is a dead simple text app. Have tried numerous text/draw apps, but none fit the bill.

I have purchased iMeeting Pad & Notes to Store. I've only played around a little with both but think that Notes to Store may be the easier to use. You can type and draw on both but Notes seems to be the easiest to navigate. Hope this helps.

PaperDesk is good. Pen and type.

If you are not bound to drawing, i think pages for ipad is the best application out there for note taking. It definitely misses some very important features, however it is very easy to use and you can almost write in your keyboard speed in landscape mode or with the bluetooth keyboard.
You can save and import or mail the resulting notes in .pages .doc or .pdf. I use it daily in school for note taking in class and it is great.

I really like the app TakeNotes.

I'm a big fan of Evernote. It automatically syncs over the net to their servers and your desktop or handheld clients (or even via web browser), and can include pics and record audio, too.

Free, so the price is right!

My favorite note taking app is NoteMaster!!! It is not yet for the ipad but I know the producer is working on an update that will work with it. It lets you put headers and pictures wherever I want them, not at the bottom or the side of the actual note. It also lets me sync over to google docs with just a push of a button. It is really easy. I strongly recommend this app.

you can almost write in your keyboard speed in landscape mode or with the bluetooth keyboard.

Most note taking apps should work in either orientation so the user can decide themselves and all note taking apps should work automatically with either hardware keyboard (dock or bluetooth) unless they're doing something very strange.

One advantage of Page is it's a full word processor so you can set styles on any word and have special formatting. One down side of Pages is it's a full word processor so there's additional clutter and it's whole focus is on one document. Something like Notes To Store (my app) you can have multiple notebooks and organize them in a way that might be more difficult or awkward in Pages.