Thanks to the contribution of Pawel and his generous nod to post it within our forum, I have been able to set up Google's new API V2 to work with my brand new upgrade to Trados 2011.
Pawel's guidelines are crystal clear and spiced up with graphical screen shots which make the job quite simple. Keep in mind that you will need your subscription to the API service through your Google account in order to make it work.
Good luck! Gentle