Eclipse now has a GUI editor: get the Visual Editor plugin. It's not 100% complete yet, but it's close. It also has tools for web development, modelling, testing, profiling, and all kinds of other stuff that aren't included by default, and tons of third-party addons. Go, Eclipse!!

Here's an interesting Eclipse project: the Eclipse Application Lifecycle Framework. According to the proposal at eclipse.org this is the motivation of the new project: "To effectively manage the application change across the lifecycle, these various product silos and tools need to be integrated. This introduces a complex technical challenge for both vendors and customers alike as the point-to-point integration becomes cost prohibitive to develop and maintain. Vendors know that the creation of any interoperability framework is an enormous undertaking for any one vendor. In addition, this complex and difficult work does not provide a competitive advantage for the vendor's commercial solutions. Furthermore, if developed as a proprietary component, this framework will not guarantee the necessary level of interoperability and will push the customers into a single vendor suite of solutions which is neither technologically practical nor financially feasible in most cases."