[kragen]

There's a library for constructing a deterministic regular expression from a dictionary, by the way, which would right away give you the exponential-time result. If you wrapped it in a * and applied it with a guaranteed-linear-time regular-expression engine like RE2, you'd find out whether the string was segmentable (and as a bonus you wouldn't have to construct the deterministic RE yourself) but I don't know if you'd get the actual segments.