Originally Posted by AJ Starr
Question: since HTML files have hyperlinks, will the touch screen readers, that display HTML, be able to utilize the hyperlinks?
All current ebook readers can handle hyperlinks within an ebook (within a single document). The method of selecting the link varies, but it is possible even without a touch screen.
I don't think any current EInk ebook reader handles hyperlinks outside the current document except in special cases. Even multi-file HTML is typically not supported. The Kindle and FBReader can download MOBI ebooks via the web from within a MOBI "download guide", but the Kindle can't reference other MOBIs on the device this way. FBReader invokes a separate web browser (where available) for general hyperlinks. Most current EInk devices don't have access to the web (so download guides don't work), but the next generation of devices likely will and this probably implies that they will come with a web browser.
The current standard approach to reading web pages is to use Calibre (say) to build an ebook version and then copy it to your device.