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CJW said...
The best one for Android is MyTracks by google. Obviously it relays straight over google maps on the phone, has graphs with elevation etc...all sorts of stuff. I use it a fair bit for MTB riding and it's awesome, does not need data connection. The only thing with smarts phones and that sort of thing is battery life, if you are going to be walking all day it's not going to cut it.
Sounds like a good app also. The suggestion of this type of app was because of the cost compared to purchasing a device for that purpose only. The Motionx also uses the GPS Chipset so no data connection required. So there are alternatives out there and Nasi they may work for you as a trial without a huge outlay.
One thing I hadn't thought much about was the battery life as I only use mine for a few runs to see what sort of speeds I am achieving. But with any smart phone - when you are hiking you can turn off features so that it reduces the drain on the battery.