The following forum message was posted by fabioz at http://sourceforge.net/projects/pydev/forums/forum/293649/topic/4647767:
You have to add the /Lib folder (containing the files such as threading.py).
In the latest version (2.2.1), PyDev gives you an option to 'proceed anyway',
despite the error so that you can actually add that directory after the error
is shown.
Cheers,
Fabio
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