Are you running with Beta 1 MP 1?
Do you have a real version of App Server 4.0.4.GA with EJB3 installed at that location?
In the folder D://JBoss/JBossESB4.0_Beta1/build/dist/lib do you have:
And these path settings may be slightly different depending on if you are using the SRC vs BIN download, I've not checked that out completely.
I've figured out that some directories were wrong in build.xml. After fixed that I could build and run testJbossESB with ant. But I still cannot make it work with Eclips. I should probably post questions on Eclips forum.
You need to add the right jars on your buildpath.
For the trailblazer, please look in the bankloanbrokerdemo/IDE/JBossIDE directory for an example of the .classpath file. I'm not sure if it's completely up2date.
For the esb itself look in the IDE directory in the root of the project.
You may have to check out the version from SVN.