The IDE which we use is eclipse which can be found at (http://www.eclipse.org/)
things to make sure to configure eclipse
1. Please make sure that the build works with out any IDE.
2. you have to create 2 projects one using source at v2.0/WebApps/ConsoleII and another using source at v2.0/WebApps/ServerII
3. make sure these 2 projects will use the dependencies that are present in v2.0/ThirdPartyPackages, u can have a look at build files for these two projects to know what all jars are required.