I've worked with a copy of Eclipse 3.2 (one of the development versions). I'm looking forward to its stable release because it has a nice garbage collecting feature across the whole IDE (as opposed to MyEclipse's GC function, which I'm not sure how far it does a GC). Do you all know when the 3.2 version is scheduled for GA release? When it does come out, how long afterwards will MyEclipse have a workbench that's compatible?

See, my problem is that when I run 3-4 different types of files using different editors (for example, JSP, Java, XML, SQL), my CPU goes through the roof even when I set the max heap size to 256mx. Basically, from the forums on the Eclipse website, they tell ya "Well.... good luck with that!" The impression I got was that it's a known bug, but there's not a lot you can do about it except maybe wait until the next release.

Any suggestions?

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as opposed to MyEclipse's GC function, which I'm not sure how far it does a GC

It calls System.gc(), so it will be across the JVM.

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Do you all know when the 3.2 version is scheduled for GA release?

Last couple of days of June, 2006

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When it does come out, how long afterwards will MyEclipse have a workbench that's compatible?

At the same instant or within a very few days is the plan.

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my CPU goes through the roof even when I set the max heap size to 256mx

For MyEclipse, we recommend the following commandline arguments:
eclipse.exe -vmargs -Xms128m -Xmx512m -XX:PermSize=64M -XX:MaxPermSize=128M

These settings usually will take care of the issues you're seeing.

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Do you all know when the 3.2 version is scheduled for GA release? When it does come out, how long afterwards will MyEclipse have a workbench that's compatible?

June, both are scheduled for June. We are planning on releasing MyEclipse 5.0 in line with Eclipse 3.2.

Thanks Scott and Riyad! That's what I was asking for! :)