From what I understand, the iPod Video has a line-in record set of pins on the dock connector. Rockbox can then use those pins to record a line-level stereo signal with one of the 3rd party adapters like the MicroMemo.
What I don't understand is why those pins are there in the first place. No Apple accessory provided a line-in jack as far as I know, and the iPod was never advertised as a recorder. Why are they there?