This week's giveaway is in the EJB and other Java EE Technologies forum. We're giving away four copies of EJB 3 in Action and have Debu Panda, Reza Rahman, Ryan Cuprak, and Michael Remijan on-line! See this thread for details.
Actually depends on how complex your xml is....if its very simple xml, then you can just parse the xml and create your object.
If its complex, then JAXb would be a better option, for creating an xsd, there are tools available which make it simpler ( Altova's XMLSpy is a good option for free trial)