So you don’t want to just record it with snapzpro or camtasia? Live output?
If they do their doodling on say a laptop with a wacom tablet, you can use a scan converter on the laptop’s VGA output between it and a video projector to the room. That gets you a live output you can record to a deck with his mic audio for later purposes, while the audience sees his drawings live. Your interface on the laptop can be any paint type program from windows paint to irfanview to broderbund kidpix to adobe photoshop, just set up a large canvas in the right position and go. The scan-converted output could also run thru a switcher and be keyed over other video just like John Madden’s telestrator. Scan converters come in many prices from under a hundred bucks to many thousands. You tend to get what you pay for regarding price, in that I feel all sub-thousand-buck converters are about the same in quality. That level may be just fine for your needs as well. If you need something more high-end with more features like better scaling, image controls, flicker filters, etc. look into renting one first, as the one we bought was around six grand new.
So to recap, If I understand your needs correctly, the chain is, pen/tablet and laptop with paint program, VGA out to scan converter, where you split out a video signal to a recorder and send the image on to a video switcher for overlay or directly to a video projector.
Something I like ( from a producer’s standpoint) about this setup over an actual electronic whiteboard is, the presenter stands still facing the audience at all times, tied to the laptop and tablet, and this way is easier to light as well as shoot, compared to having to track him with cameras as he walks back and forth past a bright white board and turns his back to audience and cameras a lot. So you can light the guy in one spot way better and iso a camera on him, then another on a wide shot with the screen, presenter, and audience in it. And you won’t have crazy iris shifts.