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 (nEntriesMissing == 1) {
				fClassPathStatus.setWarning(NewWizardMessages.getFormattedString("BuildPathsBlock.warning.EntryMissing", entryMissing.getPath().toString())); 
			} else {
				fClassPathStatus.setWarning(NewWizardMessages.getFormattedString("BuildPathsBlock.warning.EntriesMissing", String.valueOf(nEntriesMissing))); 
			}
		}
				
/*		if (fCurrJProject.hasClasspathCycle(entries)) {
			fClassPathStatus.setWarning(NewWizardMessages.getString("BuildPathsBlock.warning.CycleInClassPath")); 
		}
*/		
		updateBuildPathStatus();
	}
	/**
	 * Validates output location & build path.
	 */	
	private void updateOutputLocationStatus() {
		fOutputLocationPath= null;
		
		String text= fBuildPathDialogField.getText();
		if ("".equals(text)) { 
			fOutputFolderStatus.setError(NewWizardMessages.getString("BuildPathsBlock.error.EnterBuildPath")); 
			return;
		}
		IPath path= getOutputLocation();
		fOutputLocationPath= path;
		
		IResource res= fWorkspaceRoot.findMember(path);
		if (res != null) {