Thrawn1981: I just bought this game, and there's no dialogue sound whatsoever. [...]
Do sound effects work (hitting enemies, for example)? And please state your OS when asking about technical issues, this can help find the answer faster.
There are a few things that can cause this that are not related to the game at all, one apparently being outdated audio drivers (oddly enough). Check your general audio settings, too; PS:T expects stereo sound, and may not be able to handle some of the other configurations properly.
The command/select responses from the characters may not always play, depending on the game settings, but Morte's very first dialogue line is voiced, and so is TNO's "Updated my journal" message (
get used to it! :D), so you can use those to check if the speech sounds work.