System: OS X 10.4.10
Build id: M20070921-1145
Eclipse installed at ~/Applications/eclipse
No errors for pydev plugin in error.log
Any project, including the first python file created for a new project locks up the model.
I can load the pydev interface, but it locks up eclipse upon opening any .py file.
I have turned off builder, and code completion in preferences.
I hope this info is helpful.