Hello Bill-
First. I am glad that you received such a nice rocket. If you are new to the hobby, I hope you find enjoyment in it and find folks who are willing to help as they did with me when I first got started. Keep asking questions, go to some launches and see how other folks do it. There is a lot to learn.
So the way I do it is take 33oz and divide by 16 to get pounds (the unit I like to work with). 33/16=2.06 lbs. You want a safe thrust to weight to launch. Usually it is 5:1 (more in windy conditions). So take the weight of your rocket and multiply by 5. 2lbs x 5 = 10 lbs. This means you want to find a motor that gives at least 10lbs of thrust for at least (IMO)...1 second.
Find the thrust curve of your motor. You can find it either on Thrust curve .org or from the motor manufacturer. Basically you look at the thrust over time graph.You can convert Newtons to pounds by taking Newtons and divide by 4.45. For example 275 newtons (average) is 275/4.45=61.79 lbs of thrust.
In your case, the G80 looks like it has (from Thrust curve) around 100 newtons over about 1.25 seconds. 100/4.45=22.47 lbs of thrust! (I got that from Thrust Curve.org).
Your rocket weighs 2.06 lbs so 22.47/2.06 = 10.9. This means your rocket will have a 10.9 to 1 thrust to weight. This is very good....it will really scoot. This is a good motor for more windy conditions.
Most people go with the average thrust...this is okay, but some motors have much higher (or sometimes LESS) thrust spikes at the beginning of the burn. So looking at the Thrust/Time curve/graph is more helpful.
I hope this helps. Have fun flying your rocket. IMO, a G40 is a great choice too. At 1 second...it has 12 lbs of thrust. So 12/2=6 this means you are still at 6:1 Thrust to weight.
Have a great time, welcome to the hobby and keep asking questions. Remember...EVERYBODY was new to this at one time.
Regards,
Andrew