Thanks Roland.
"NLS unused message: ProfileLaunchShortcut.Launcher in: org.eclipse.linuxtools.internal.profiling.launch.messages
Building works fine... though I do see the following errors occasionally (I think also unrelated to launching Valgrind)
java.io.FileNotFoundException: /IMG_OBJ_ADD
at org.eclipse.osgi.framework.internal.protocol.bundleentry.Handler.findBundleEntry(Handler.java:44)
at org.eclipse.osgi.framework.internal.core.BundleResourceHandler.openConnection(BundleResourceHandler.java:175)
at java.net.URL.openConnection(URL.java:945)
at org.eclipse.core.internal.boot.PlatformURLConnection.connect(PlatformURLConnection.java:110)
at org.eclipse.core.internal.boot.PlatformURLConnection.getURLAsLocal(PlatformURLConnection.java:238)
at org.eclipse.core.internal.runtime.PlatformURLConverter.toFileURL(PlatformURLConverter.java:36)
at org.eclipse.core.runtime.FileLocator.toFileURL(FileLocator.java:206)
at org.eclipse.jface.resource.URLImageDescriptor.getFilePath(URLImageDescriptor.java:137)
at org.eclipse.jface.resource.URLImageDescriptor.createImage(URLImageDescriptor.java:157)
at org.eclipse.jface.resource.ImageDescriptor.createResource(ImageDescriptor.java:165)
at org.eclipse.jface.resource.DeviceResourceManager.allocate(DeviceResourceManager.java:56)
at org.eclipse.jface.resource.AbstractResourceManager.create(AbstractResourceManager.java:88)
at org.eclipse.jface.resource.LocalResourceManager.allocate(LocalResourceManager.java:82)
at org.eclipse.jface.resource.AbstractResourceManager.create(AbstractResourceManager.java:88)
at org.eclipse.jface.resource.ResourceManager.createImage(ResourceManager.java:172)
at org.eclipse.e4.ui.workbench.renderers.swt.HandledContributionItem.getImage(HandledContributionItem.java:598)
at org.eclipse.e4.ui.workbench.renderers.swt.HandledContributionItem.updateIcons(HandledContributionItem.java:571)
at org.eclipse.e4.ui.workbench.renderers.swt.HandledContributionItem.update(HandledContributionItem.java:471)
at org.eclipse.e4.ui.workbench.renderers.swt.HandledContributionItem.update(HandledContributionItem.java:461)
at org.eclipse.e4.ui.workbench.renderers.swt.MenuManagerRenderer$4.handleEvent(MenuManagerRenderer.java:202)