There are several types of audio recorders including analog recorders that use tape, digital recorders that record in compressed or uncompressed digital formats, and consumer or professional models. When choosing a recorder, factors to consider include cost, audio quality, file format support, durability, power source, and input connection types like XLR, TRS, or mini jack. Uncompressed file formats like WAV and AIFF maintain the highest quality but result in larger file sizes.