Palo,
Thank you for solution with subproject. But I hope this will be my last step. I know that from architecture view & test driver development, separation between client and server, MVC, etc is right approach, but I really like this simple approach with Eclipse. Just code, run & debug in Eclipse, view result in FF or Safari, use FireBug, commit code into SVN, build with ant and publish. No libraries with versions, part working application, all functionality of application is a front of you.
Mike,
Maybe I should really try code separation GWT.runAsync.
Paul,
It look like the next versions of GWT will come with speed increase for us. I hope someone from GWT team would say something more about that....
Regards,
Matic