What is the real issue here? I have problems with this too, and I really don't think setting different "server" time zone settings in the global config is the answer...
If I am in Ottawa, and I set my Global Config server time zone to "Toronto", and my google calendar time zone is set to Eastern (-5) Time zone and I also set Force Time Zone to "Toronto" and my calendar event is set for 7:00pm Eastern Time, RokMiniEvents should show 7:00pm Eastern. I shouldn't have to set my Global Config server time zone to "UTC" (which does show the correct event time in RokMiniEvents 3) to get the correct event times in the module.
I think maybe part of the problem is the time zone the "physical" server is in? Although, I did edit my php.ini file to include in the section the following:
date.timezone = "America/Toronto"
Also, just an FYI... the Link to Google -> link external still links internally and does not open in a new window/tab - I had to manually edit the code to include target="_blank"