The iRex iLiad and Digital Reader both have a touch screen and MOBI dictionary support, but they are both expensive with large EInk screens.
Without a touch screen, probably the best MOBI dictionary support is provided by the Cybook Gen3. However, it might be worth waiting to see how much faster the next generation of devices with the Epson controller are for dictionary lookup (the Kindle 2, with Epson, is much better than the Kindle 1 for example).
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