I spent a little time last night with the Google Analytics module from Ixis. Mike's module works well for Drupal 4.6 but needed a couple of quick tweaks to make it work with the new forms API in Drupal 4.7.

The module, updated for 4.7, is attached below. Someday I need to get the whole CVS portion figured out to contribute to the main Drupal site, but I'm dreading how it will work over the evil satellite connection.