Google, jQuery and plugin loading

Is this really the proper way to load jQuery and plugins, asynchronously, using Google's AJAX libraries API?
<!-- load the Google JS API -->
<script src="http://www.google.com/jsapi?key=example"></script>
<script>
  // run when the page, including jQuery, has finished loading
  function init(){
    // fetch the plugin, hosted locally, with a callback
    $.getScript("jquery-splitter/splitter.js", initSplitter);
  }
  // run this when the plugin script has loaded
  function initSplitter(){
    // have to use a timeout, otherwise the callback gets called before the script has eval'd
    window.setTimeout(runSplitter, 1000);
  }
  // called from the timeout above
  function runSplitter(){
    // finally, use the plugin
    $("#container").splitter();
  }
  // load jQuery asynchronously using the Google API
  google.load("jquery", "1"); 
  // set a callback to be called when the page has finished loading
  google.setOnLoadCallback(init);
</script>