The Mental Faculty has released Mental Case 2 for Mac OS X 10.7 (“Lion”). The upgrade adds support for multi-faceted notes, which can include formatted text, images, audio, and video, as well as a unique date-targeting study mode, ideal for exams and other tests and much more.

Mental Case is a study app combining flashcards with study scheduling. It can be used as a dropbox for information, to recall everyday things, or for formal study. Version also includes advanced study scheduling, with the ability to target exam dates.

Mental Case 2 requires Lion. It’s available from the Mac App Store. The final price will be US$29.99, but Mental Case 2 is on sale for $14.99 for a limited time.