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Multitouch is one with that "pinch and zoom" capability.
"Monotouch", if you please, is one you can touch or swipe, but can't "pinch and zoom".
I did notice the "pinch/zoom" used (just once) in one of the nook website videos. It was during a demo of the magazines, so Im not sure it also has that capability during book reading.
But they were also demonstrating the "article zoom" (or something like that) where you could touch a magazine article and it would appear zoomed in. This is necessary, of course, because a full magzine displayed on the screen would be unreadable by any but the youngest eyes.
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