NPE during eclipse start on "Initializing Java Tooling"
<p>Just installed eclipse 3.6.2
JDK 1.6.0 update 24.
And followed instructions on <code>http://developer.android.com/sdk/installing.html</code></p>

<p>But eclipsed is failing with NPE. Also repros with eclipse 3.5.2</p>

<p>Any help would be very much appreciated. </p>

<p>Here is the log:</p>

<pre><code>!SESSION 2011-03-16 23:23:42.967 -----------------------------------------------
eclipse.buildId=I20090611-1540
java.version=1.6.0_24
java.vendor=Sun Microsystems Inc.
BootLoader constants: OS=win32, ARCH=x86, WS=win32, NL=en_US
Command-line arguments:  -os win32 -ws win32 -arch x86

!ENTRY org.eclipse.core.jobs 4 2 2011-03-16 23:23:48.989
!MESSAGE An internal error occurred during: "Initializing Java Tooling".
!STACK 0
java.lang.NullPointerException
    at com.android.sdklib.internal.project.ProjectProperties.parsePropertyFile(ProjectProperties.java:358)
    at com.android.sdklib.internal.project.ProjectProperties.load(ProjectProperties.java:246)
    at com.android.sdklib.internal.project.ProjectProperties.load(ProjectProperties.java:232)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk.getProjectState(Sdk.java:376)
    at com.android.ide.eclipse.adt.internal.project.AndroidClasspathContainerInitializer.allocateAndroidContainer(AndroidClasspathContainerInitializer.java:196)
    at com.android.ide.eclipse.adt.internal.project.AndroidClasspathContainerInitializer.initialize(AndroidClasspathContainerInitializer.java:115)
    at org.eclipse.jdt.internal.core.JavaModelManager.initializeContainer(JavaModelManager.java:2608)
    at org.eclipse.jdt.internal.core.JavaModelManager$11.run(JavaModelManager.java:2514)
    at org.eclipse.core.internal.resources.Workspace.run(Workspace.java:1800)
    at org.eclipse.jdt.internal.core.JavaModelManager.initializeAllContainers(JavaModelManager.java:2554)
    at org.eclipse.jdt.internal.core.JavaModelManager.getClasspathContainer(JavaModelManager.java:1773)
    at org.eclipse.jdt.core.JavaCore.initializeAfterLoad(JavaCore.java:3410)
    at org.eclipse.jdt.internal.ui.InitializeAfterLoadJob$RealJob.run(InitializeAfterLoadJob.java:35)
    at org.eclipse.core.internal.jobs.Worker.run(Worker.java:55)

!ENTRY com.android.ide.eclipse.adt 4 0 2011-03-16 23:23:51.017
!MESSAGE Unknown exception in parseSdkContent.
!STACK 0
java.lang.NullPointerException
    at com.android.sdklib.internal.project.ProjectProperties.parsePropertyFile(ProjectProperties.java:358)
    at com.android.sdklib.internal.project.ProjectProperties.load(ProjectProperties.java:246)
    at com.android.sdklib.internal.project.ProjectProperties.load(ProjectProperties.java:232)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk.getProjectState(Sdk.java:376)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk$1.onProjectOpened(Sdk.java:841)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk$1.projectOpenedWithWorkspace(Sdk.java:828)
    at com.android.ide.eclipse.adt.internal.resources.manager.GlobalProjectMonitor.addProjectListener(GlobalProjectMonitor.java:368)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk.&lt;init&gt;(Sdk.java:632)
    at com.android.ide.eclipse.adt.internal.sdk.Sdk.loadSdk(Sdk.java:252)
    at com.android.ide.eclipse.adt.AdtPlugin$10.run(AdtPlugin.java:1234)
    at org.eclipse.core.internal.jobs.Worker.run(Worker.java:55)
</code></pre>
