Looks like the iPod Photo Dock and AV Cable will dump not only video but sound directly via a three-plug RCA connection. Hats optional.
Get Brownie Points for Sharing
If you d like everyone else to smile right along with you, iPod Photo makes it easy. Sure, you could let them take the Click Wheel for a spin themselves, but here s a way to get extra points for style. Use the included AV cable to connect iPod Photo to a projector or TV. You can mesmerize friends and family with a glorious multimedia experience, offering them a breathtaking slideshow accompanied by the music you already have on your iPod Photo. Of course, you get to choose the songs, albums or playlists. And talk about smart, iPod Photo optimizes your photos to fit on a standard (4:3) or widescreen (16:9) TV.
iPod Photo Page [Apple]
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4th Generation iPod Video Rumors [Gizmodo]
https://gizmodo.com/ipod-photo-first-details-24240