What about Zoom H2
I recently bought a Zoom H2, primarily for recording my little children's happy ramblings. It's a USB/SD card, external mic/ portable recorder with four little condenser mics for mono, stereo or surround. It records mp3 or wav. Look, for $US 199 it's not bad, and might be okay for the purpose you are describing - I haven't tried it yet in the lecture context, but intend to. It will probably pick up a lot of ambient noise, but I usually find this less problematic than the complete lack of clarity and dismal frequency response common in dictaphone-like alternatives. In my home testing it's head and shoulders above the built-in mic, and only mildly less transparent and pleasant sounding than my entry-level Rhodes mic. I'm sure audiophiles would be able describe precisely how horrible it is, but it sounds more than okay to my ears. Because it runs on batteries and can be computer independent, I've considered placing it at the front of the lecture theatre away from the paper shuffling and mumbling of delegates.