I have this article bookmarked on setting this up for Java 5 and below.
Basically run it with:
-Xdebug -Xrunjdwp:transport=dt_socket,server=y,suspend=n,address=1044
For Java 5 and above, run it with:
-agentlib:jdwp=transport=dt_socket,server=y,suspend=y,address=1044