HOW TO STORE RECORDED VOICE(1 word) ON ARDUINO?

I'm interested in a project like this. I want to make a device that responds to just one single command. This board looks great, but it's rather pricy when you get the programming board, too.

http://www.sensoryinc.com/products/vr_stamp.html

Has anyone else here toyed with this kind of project before? Is there a less expensive solution?