Talk Typer is a website that works best in the Google Chrome Browser. Without installing any software, you can choose from several languages, then speak into your microphone, and Talk Typer will print the text of your speech. You can then look at what it produces, make any corrections you would like, and then move it into the bottom portion of the page. In this second level, you can e-mail it, tweet it, or even translate it seamlessly into another language.
This free tool could be so useful for ELL classrooms, foreign language classrooms, and even regular classrooms where students might use this as an aid or an extension. For teachers who are looking to incorporate Universal Design for Learning into their classrooms, I think this resource is essential.
(Here is a link for speech to text options in OSX and Windows 7)