A video tutorial on how to turn your iPhone (or any smart phone for that matter) into a high quality audio recorder. And this works great, too! It works just find with the standard audio recording app. You will need a lavalier microphone and a hard case with a belt clip.
Belt clip case: http://tinyurl.com/belt-clip-case
Lavalier Microphone: http://tinyurl.com/iphone-lavalier-mic