I strongly recommend a decoupling capacitor. Mono's output on pin 31 is biased to 1/2 VCC (2.5V) so that there would be continuous current (unless there is a decoupling capacitor elsewhere in the signal path).
The +/- 2.5V voltage range exceeds standard line levels, e.g. the signal is very loud.
DMG already has relatively clean sound, noise floor is low and has a nice shape (white, slightly low-pass filtered stereo noise). For the other models (pocket, color) with their thin sound, hum and hiss noise, such a mod would make sense, but on DMG I think it's not worth the hassle.