How to make Android Google Maps v2 work in android emulator

Author is a professional software developer providing android development services. More info here.

Couple of days ago I was in for a nasty surprise. Providing android training in a company here in Belgrade I wanted to present a demo app of location sensors and Google Maps API but when I sat to prepare it I realized that only yesterday new Google Maps API v2 for android has arrived :) Not a problem really since I love learning and keeping up to date with changes but not beeing able to run maps powerd app in an emulator was a really  unpleasent surprise. Read on to see how you can make this happen.

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