Bug 39272 Java Model Exception when creating a project from scratch
I launched Eclipse 2.1 from a brand new Workspace and from there, created a Java project (called "Works") by pointing Eclipse to the root of my project. The process fails after a short while (whether I press Next or Finish after the first page of the wizard) with a dialog telling me to look at the log. I included the top of the log below (it's about 8k, I can post it in its entirety if there's interest). The error is Java Model Exception: Java Model Status [Works does not exist.] I get the same problem with Eclipse 3.0 M1: I can't create a new project.
org.eclipse.jdt.ui/ui/org/eclipse/jdt/internal/ui/wizards/buildpaths/BuildPathsBlock.java
if (res.getType() == IResource.FILE) {
				fOutputFolderStatus.setError(NewWizardMessages.getString("BuildPathsBlock.error.InvalidBuildPath")); 
				return;
			}
		}	
		fOutputFolderStatus.setOK();
		updateBuildPathStatus();
	}
		
	private void updateBuildPathStatus() {
		List elements= fClassPathList.getElements();
		IClasspathEntry[] entries= new IClasspathEntry[elements.size()];
	
		for (int i= elements.size()-1 ; i >= 0 ; i--) {
			CPListElement currElement= (CPListElement)elements.get(i);
			entries[i]= currElement.getClasspathEntry();
		}
		
		IJavaModelStatus status= JavaConventions.validateClasspath(fCurrJProject, entries, fOutputLocationPath);
		if (!status.isOK()) {
			fBuildPathStatus.setError(status.getMessage());
			return;
		}
		fBuildPathStatus.setOK();
	}
	
	
	
	public static void createProject(IProject project, IPath locationPath, IProgressMonitor monitor) throws CoreException {
		if (monitor == null) {