A company called Nuance, known for its speech recognition software, has released an iPhone app that will transcribe your speech into editable text. Dragon Dictation for iPhone will then let you send the transcribed text as an SMS message or e-mail, or copy the text to paste in other apps. It promises a 500 percent speed increase over typing on the iPhone's soft keyboard, but doesn't yet deliver the speed and accuracy of comparable desktop apps.

Though it relies on the same high-regarded engine ...

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