I've been developing a project with Eclipse and Wildfly and the exploded EAR file was getting big due to deploying of all the 3rd party libraries I needed in the application. I was pointing the deployment to my Maven repository which I guess was recopying the jars each time. So redeploying the application when ever I changed Java code in the service layer was turning into a nightmare.
Then having turned to Hotswap agent this helped a lot as far as seeing changes to EJB code without redeploying the application.
However I have recently upgraded to Wildfly 10, Java 8 and JBoss Developer Studio 10 and during that process I took the time to move all my 3rd party application jars e.g. primefaces into Wildfly modules and I removed my Maven repo from my deployment config. Now redeploying the entire application which is a pretty big one via Eclipse takes just a few seconds and it is much much faster than before. I don't even feel the need to install Hotswap and don't want to risk it anyway right now.
So if you are building under Eclipse with Wildfly then keep you application clear of 3rd party libs using Wildfly Modules and you'll be much better off.