Multibit is truly awful.
Is electrum able to import the MB wallet or restore it from the "words list" thing?
No, you can't import the multibit HD wallet into electrum using the "words list" thing (wallet words). Both wallets use wallet words, but they generate a different set of addresses from the same wallet words.
Electrum generates uncompressed private keys from the wallet words, but multibit HD generates compressed private keys from them, so the addresses the two wallets generate are different.
You can import multibit HD wallet words into breadwallet, which is available for iPhones and the latest android phones. Breadwallet won't work on older androids though.
If you have an older android phone the post at this link explains how to import multibit HD wallet words into the mycelium wallet, but I'm not sure if it works because I don't know anyone who has tried it yet.
https://bitcointalk.org/index.php?topic=1782552.msg17940974#msg17940974There is a complicated way to extract all the relevant private keys from multibit HD wallet words using a specially crafted offline webpage, then you can import a list of those private keys into electrum to get control back of stuck coins. The quote below explains what to do.
Hi, I've read and bookmarked your tutorials on repairing and sweeping funds out of Multibit. I have 0.4.1 . I have a question--
how can I get the program to show me my 12 words or give the location of the private keys on the computer?
I can open the program fine with the password. The balance says 0 however the funds are stuck in "Unconfirmed." The BTC address on the blockchain shows the funds are in the wallet's address. As you've read countless times from others, resets and wallet repairs don't work.