I fell your pain and no thereis no good solution to this nasty issue. However you can view your Outlooknotes on your iOS devices but I had to do a sync via PC iTunes and sync cable to each device (iPhone 4 and iPad 2) not a very good solution (no support for OTA iCloud sync, LAME!). Then when the Outlook notes arrive on my iOS device in the Notes app its under a separatefolder "From My PC". All notes generated on your iOS devices are in the folder xxx@me.com or iCloud folder. Further more if you go to your iCloud webpage you will only see the notes you generated from your iOS devices (if youhave Notes sync turned on) and you can't edit them nor can you create new notes from the iCloud webpage interface! Extremely sad and downright terrible migration from Mobile Me. These are simple text notes this should not be so difficult but Apple chose to treat them the same as email messages basically and made a flashy "Notes App" just like the new iOS 5 "RemindersApp" same thing.
If you’re like me and your looking to go away from your Outlook Notes and just want to put all notes into the Apple Notes then you need to use one of your iOS devices and manually cut and past the notes one at a time from your "From My PC" folder then create a new one on in your iCloud folder. This is also so darn ********! You should be able to select all do a copy then go to the iCloud folder and past,done (but you can't)! With hundreds of Notes collected over the years you’re not likely going to manually open each one select all, copy close and create a new note in the iCloud folder.... and by the way I'm not looking to load Evernot at this time so stop suggesting exporting my Outlook notes to Evertnote, this is not a solution to this issue.