What are you going to do, modulate analog video onto it?
I strongly suggest go minimal. After all, that's the basis of modules, no?
TEC circuit is a nice idea though, I want to do that. I did do it with a small bank of LM317's (can you tell I like those yet?

), but I haven't done anything really good with TEC's. My intended laser build will just shove a steady DC voltage across them and let thermal monitoring protect the diode facets from overdrive. I like it brutishly simple, there's a sort of elegance to that.