Yes, it should work fine on the TyTN/Hermes/Trion/8525 model.
We're not sure about non-touchscreen support; coding-wise it would be very easy, we wouldn't really have to change anything about the Pocket PC version except the interface, but the limited memory on those non-touchscreen devices could make installation difficult, and we're worried about customer confusion if we release a product that doesn't have the built-in handwriting recognizer which we're so well known for.