Multi-touch works fine on Windows 7 with: two-fingers scroll vertical and horizontally, two-finger tap for middle click, and three-finger tap for right click.  
However with Ubuntu, I've never been able to get multi-touch to "save" and work, I was able to get it to work a few times but after restarting - it would just reset back.  
I have the settings for two-finger scrolling on:
Mouse and Touchpad  Touchpad  
  Two-finger scrolling (selected)
  Enable horizontal scrolling (ticked)  
The cursor stops moving when I try to scroll with two fingers, but it doesn't actually scroll the page.  
When I perform xinput list, I get:  
  Virtual core pointer                      id=2    [master pointer  (3)]
    ? Virtual core XTEST pointer                id=4    [slave  pointer  (2)]
    ? ETPS/2 Elantech ETF0401                   id=13   [slave  pointer  (2)]  
I've tried to install some 'synaptics-dkms' bug-fix (from a few years back) but that didn't work, so I removed that.  
I've tried installing 'uTouch' but that didn't seem to do anything so removed it.  
Here's what I have installed now:  
dpkg --get-selections  installed-software
grep 'touch\|mouse\|track\|synapt' installed-software  
  libsoundtouch0            ---     install
  libutouch-evemu1          --- install
  libutouch-frame1          --- install
  libutouch-geis1           ---     install
  libutouch-grail1          --- install
  printer-driver-ptouch         --- install
  ptouch-driver             --- install
  xserver-xorg-input-multitouch     --- install
  xserver-xorg-input-mouse      --- install
  xserver-xorg-input-vmmouse        --- install
  libnetfilter-conntrack3       ---     install
  libxatracker1             --- install
  xserver-xorg-input-synaptics      --- install  
So, I'll start again, what should I do now to get two-finger scrolling to work and ensure it works after restarting?  
Also doing:  
  synclient TapButton1=1 TapButton2=2 TapButton3=3  
...works but doesn't save after restarting.
However doing:    
  synclient VertTwoFingerScroll=1 HorizTwoFingerScroll=1  
Does NOT work to fix the two-finger scrolling.  
Output of: cat /var/log/Xorg.0.log | grep -i synaptics
  [     4.576] (II) LoadModule: "synaptics"
  [     4.577] (II) Loading /usr/lib/xorg/modules/input/synaptics_drv.so
  [     4.577] (II) Module synaptics: vendor="X.Org Foundation"
  [     4.577] (II) Using input driver 'synaptics' for 'ETPS/2 Elantech ETF0401'
  [     4.577] (II) Loading /usr/lib/xorg/modules/input/synaptics_drv.so
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: x-axis range 0 - 1088
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: y-axis range 0 - 704
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: pressure range 0 - 255
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: finger width range 0 - 16
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: buttons: left right middle double triple scroll-buttons
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: Vendor 0x2 Product 0xe
  [     4.584] (--) synaptics: ETPS/2 Elantech ETF0401: touchpad found
  [     4.588] (**) synaptics: ETPS/2 Elantech ETF0401: (accel) MinSpeed is now constant deceleration 2.5
  [     4.588] (**) synaptics: ETPS/2 Elantech ETF0401: MaxSpeed is now 1.75
  [     4.588] (**) synaptics: ETPS/2 Elantech ETF0401: AccelFactor is now 0.154
  [     4.589] (--) synaptics: ETPS/2 Elantech ETF0401: touchpad found  
Tried installing synaptiks but that didn't seem to work either, so removed it.  
Temporary Fix (works until I restart)
Doing the following commands: 
  modprobe -r psmouse
  modprobe psmouse proto=imps  
Works but now xinput list shows up as:  
  Virtual core pointer                      id=2    [master pointer  (3)]
    ? Virtual core XTEST pointer                id=4    [slave  pointer  (2)]
    ? ImPS/2 Generic Wheel Mouse                id=13   [slave  pointer  (2)]  
Instead of Elantech, and it gets reset when I reboot.  
Solution (not ideal for most people)
So, I ended up reinstalling a fresh 12.04 after indirectly playing around with burg and plymouth then removing plymouth which removed 50+ packages (I saw the warnings but was way too tired and assumed I could just 'reinstall' them all after (except that didn't work).  
Right now xinput list shows up as:
  ? Virtual core pointer             ---        id=2    [master pointer  (3)]
  ?   ? Virtual core XTEST pointer   ---            id=4    [slave  pointer  (2)]
  ?   ? ETPS/2 Elantech Touchpad     ---            id=13   [slave  pointer  (2)]  
grep 'touch\|mouse\|track\|synapt' installed-software   
  libnetfilter-conntrack3           --- install
  libsoundtouch0                --- install
  libutouch-evemu1          --- install
  libutouch-frame1          --- install
  libutouch-geis1               --- install
  libutouch-grail1          --- install
  libxatracker1             --- install
  mousetweaks               --- install
  printer-driver-ptouch         --- install
  xserver-xorg-input-mouse      --- install
  xserver-xorg-input-synaptics      --- install
  xserver-xorg-input-vmmouse        --- install  
cat /var/log/Xorg.0.log | grep -i synaptics  
  [     4.890] (II) LoadModule: "synaptics"
  [     4.891] (II) Loading /usr/lib/xorg/modules/input/synaptics_drv.so
  [     4.892] (II) Module synaptics: vendor="X.Org Foundation"
  [     4.892] (II) Using input driver 'synaptics' for 'ETPS/2 Elantech Touchpad'
  [     4.892] (II) Loading /usr/lib/xorg/modules/input/synaptics_drv.so
  [     4.956] (II) synaptics: ETPS/2 Elantech Touchpad: ignoring touch events for semi-multitouch device
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: x-axis range 0 - 1088
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: y-axis range 0 - 704
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: pressure range 0 - 255
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: finger width range 0 - 15
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: buttons: left right double triple
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: Vendor 0x2 Product 0xe
  [     4.956] (--) synaptics: ETPS/2 Elantech Touchpad: touchpad found
  [     4.980] () synaptics: ETPS/2 Elantech Touchpad: (accel) MinSpeed is now constant deceleration 2.5
  [     4.980] () synaptics: ETPS/2 Elantech Touchpad: MaxSpeed is now 1.75
  [     4.980] (**) synaptics: ETPS/2 Elantech Touchpad: AccelFactor is now 0.154
  [     4.980] (--) synaptics: ETPS/2 Elantech Touchpad: touchpad found  
So, if all else fails, reinstall Linux :/