Is it confirmed to be unlike alchemy of the last two games?
Because there were notes floating around in Oblivion that claimed to be recipes. They were mostly just for atmosphere and didn't need them.
It's slightly different in that every ingredient has unknown effects until you either eat them or try to create a potion/poisons with them. So notes may have actual use this time as unless you use the guide/wiki you'll have to keep messing around until you discover the effects you need.