Gmail less secure apps being locked down

Actually there appears to be a much easier way to do this. In my wife's Outlook 2010 account, I turned off Less Secure Apps, turned on 2-Step Verification, generated a 16-digit password, and used this new password in Outlook in place of my previous Gmail/Google password. It seems to work fine. Hopefully it keeps working after May 30th. The steps are as follows:
1. Open Chrome, click on your name/initial in the upper right corner, click Manage your Google Account, select Security, turn off Less Secure Apps, and turn on 2-Step Verification. (Google will ask for your Google password and then send a PIN to your device).
2. After turning on 2-Step Verification, go back to Security and click on App passwords (directly below 2-Step Verification), enter your Google password, select Mail and Windows Computer (under Device -- but I may be skipping over a few steps), and then copy down the 16-digit password generated by Google.
3. Go to Control Panel>Mail>E-mail Accounts> and click on your Gmail account in the E-mail tab. This should open the Internet E-mail Settings window where you can enter the new 16-digit password in place of your previous Gmail/Google password. After entering this new 16-digit password, close Control Panel and check to see if Outlook 2010 opens. It is working fine for us even though Less Secure Apps is turned off.
Peter