jp_2031, you are right - you can view photos on it too. I have a selection from my wedding and have shown them to a few people much in the way you show them pictures you have taken on your phone - except the screen is MUCH higher resolution, like a mini TV, very sharp. With a single cable you can use the iPod to show your photos as a slideshow on your home TV, to any of your music, with transitions.
The iPod also holds all your contacts, calendars, notes and has 4 games built in.