No, just use the iPod and don't worry about it. Run the battery down completely once a month or so until it shuts off to keep the calibration current, if you so desire. If you don't, it's not a big deal. Lots of people have spent lots of money improving batteries over the years, and memory effect is not a serious concern. Calibration is only necessary if you feel like battery life has shortened substantially.
Plug it in when you want to transfer data, plug it in when the battery is lower than you'd like it to be or when you're going to be away from a charger for a while. The time and energy spent trying to tiptoe around unnecessary procedures is greater than any potential loss.