Latex Diff is a Perl script to determine and mark up significant differences between latex files, creating as an output a new LaTeX document with these differences highlighted in colour.
A summary of what this script can do is available here: http://www.tex.ac.uk/CTAN/support/latexdiff/latexdiff-man.pdf
The collection of scripts also includes a script to approve or not these changes and effect them into a document.
I understand that this might not be trivial to implement in Eclipse, but it would be a very interesting way of visualising and reviewing different documents, in particular, when one is comparing documents from a versioning system.
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