Quite the contrary, I think this application will join Flipboard in my list of "must have" applications on the iPad. It is also why I believe that Apple is not mistaken when it spends a significant amount of resources on iOS development. It has been years since we have seen any really exciting and ground breaking applications for desktop computers, but apps like Wordflex and Flipboard are redefining what we expect from developers when it comes to usability and interaction with software.
I won't even attempt to describe the software as the video below will be more than enough to wet your appetite. I will say that to call this a "touch dictionary" is an injustice similar to saying a cell phone is simply "wireless calling" compared to a couple of dixie cups and a string.
Take a look and let me know what you think.
To view this video in a larger format, head on over to the Wordflex website.