@QuikSanz
Yes, the Picasso pins are arranged differently from the standard CDRom cable/connector. It's pretty obvious what to do if you look at the identifiers on the Picasso audio pin pad.
You just need to reposition the cable ground with one of the other leads in the female connector block of the cable. There are two ground pins plus left and right audio on the Picasso. Use a straightened out paper-clip to release the locating lugs inside the plastic connector block. Push it into the block where the pins would go but on the 'outside' of the metal sheath. Look inside for the locating lug. It's a small flat bit that prevents the wires from pulling out. Once the lug is depressed the wire with its connector sheath attached will slide out of the block.
Swap them around and simply re-enter them into the rear of the connector block. The retaining lug should click into its rebate inside the block. The wires should not come out when pulled (lightly).
Cheers,
JaX