Developers usually have their programs write log and debug information to the standard output during coding and testing. This results in a lot of text being printed to Eclipse’s console view, often more than can be easily surveyed. Since at any given time, only a small part of this information is of primary interest to the developer, a tool which highlights specific lines or words can significantly increase the readability of this output.
Grep Console allows you to define a series of regular expressions which will be tested against the console output. Each expression matching a line will affect the style of either the entire line or parts of it. For example, error messages could be set to show up with a red background, or integer values showing the state of a certain variable could be rendered in bold font. Grep Console can also filter console output by only showing lines that match certain expressions.
Version 3.4 of Grep Console was released on 2013-03-28.
You can read the user guide here.