Quick Notes pane
Quick Notes are organized solely by date and time of the creation that cannot be changed by user. Also, Quick Notes pane is used to show and edit notes contained within selected task or contact, which is an additional convenience. This behavior can be turned off in options dialog.
Maroon area above note text box shows date and time of note creation or task description (if it's a note contained in some other item). If this area is empty, typing text into the box it will automatically create a new note.
Notes support simple formatting (Rich Text Format) - just use an incorporated toolbar or standard keyboard shortcuts. Quick Notes navigation can be accomplished by Previous/Next Note toolbar buttons or by combo box. You can also save and load notes to/from file.