Last nights build of JBoss Tools now has Seam 2 support in its project creation wizards and the artifact wizards (New Seam Action, Form, etc.)
The generated test project still needs some work, but it is showing a green light when you run it and we still need to work on enabling our validator and parts of the Seam component view to properly pick up Seam 2 components. Until that is fixed there will be more noise in the list of validations.
But it is otherwise fully functional and usable and I must say with (almost) omnipresent EL navigation and code completion, the improved visual JSF editor and all the hotdeployment you could wish for, doing Seam development in Eclipse is becoming a breeze.