I am a third-semester Chinese student at the University of Wisconsin. I bought this because the third semester requires more frequent use of a Chinese dictionary, and using a paper dictionary made doing homework a bit slow. Also, the cheaper BBK AM101 was discontinued, but having used the MT7000 for a little while, I'm kind of glad about that.
My favorite part about the MT7000, which to me is nearly invaluable, is that it makes Chinese accessible, even for an English speaking fellow. Pinyin is always available next to characters, you can highlight any character or group of characters in a longer sentence to have them separately translated to English, and you are able to draw any character you see to find a concise and accurate English definition for it.
The handwriting recognition is excellent (this isn't Besta's first time making one), and all the things I've mentioned together mean that I no longer have to guess what a character means when I'm reading. This is a great help toward learning the language, and I imagine if you are traveling to China, it will also be very useful.
If I could add one feature to this product, I would allow the user to click a button and see the measure words associated with any particular countable noun in the dictionary. For now, I just go to the English to Chinese translator and type in: "one [noun]", and it will give an appropriate measure word in the translation :)
Lastly, I called customer support to get an additional feature that's present on some units (but not mine), and they were super helpful. They specially downloaded the software onto an SD card and shipped it to me for the price of the card and shipping. I didn't have to wait on hold, and they were great about calling back in a timely manner.