A day?! That's not very valuable to me. 10 minutes might be acceptable. I'm in 5-7 meetings during one day, and I write stuff down so I don't have to remember it. Waiting that long essentially negates the value. Edit: why wouldn't they let users know its processing and let them know when it's done. Poor design...
I have the new Evernote Moleskine book also and as far as I can tell it DOES NOTHING. I cannot get it to search a single word that I've written, not even the really clear ones. I'm following all instructions with no results and I'm furious.