This week's book giveaway is in the OO, Patterns, UML and Refactoring forum. We're giving away four copies of Refactoring for Software Design Smells: Managing Technical Debt and have Girish Suryanarayana, Ganesh Samarthyam & Tushar Sharma on-line! See this thread for details.
Developer Studio is fine if you are targeting JBoss EAP. It is configured to be closely integrated with EAP, and should work very well with the version of JBoss AS that was used for EAP. However, if you want to use the latest features and releases, then stick with Eclipse + JBoss Tools.