Jessica Alba

Would the Zoom H1 Portable digital recorder be useful for recording sound for videos?

I want to shoot short films and I want some inexpensive audio equipment to make the sound quality better than if I was to recorder with my camera mic. Is the Zoom H1 Portable digital recorder good for this purpose.
Link to the product on Amazon:

http://www.amazon.com/Zoom-H1-Portable-Digital-Recorder/dp/B003QKBVYK/ref=sr_1_1?s=musical-instruments&ie=UTF8&qid=1328633949&sr=1-1