Sure, if you treat the note-taking process as a "write it and never handle that data again" process.
Wouldn't trying to "find" something in a stack of papers be the opposite of never handling the data again? Thats the whole reason for trying retrieve it.
The modern pen technology mentioned here actually looks quite interesting. However, considering that you need either a special pen/paper (sometimes both) for them to work, a lot of the original flexibility is lost.
TANSTAAFL: There ain't no such thing as a free lunch
Is it really worth having a terrible acronym for something when you still have to explain what it means anyways?
IF I HAD A MINE SHAFT, I don't think I would just abandon it. There's got to be a better way. -- Jack Handley, The New Mexican, 1988.