is it possible to look up a german word as it is now in logos 8 and see the translation of it in english to the far right side of logos?
Some Lexicons are available auf Deutsch und English (so can compare Lexicon translations).
It depends on the prioritization of a german-english dictionary.
My library lacks a German-English Dictionary; found pre-pub => Heath's German and English Dictionary (2 vols.) that needs many more bids.
Double clicking a word in a German Bible will bring up a Dictionary entry IF the word is a lemma. Otherwise, you can type the lemma into the Dictionary search box. But, for instance, you will need to be able to identify German infinitives, participles, etc.