I'm running the ColdFusion Builder 3 (Express edition) to connect to a locally running ColdFusion 9 server (windows machine).
When I set up the RDS configuration on the CF Builder and click on Test Connection everything is ok.
But when I click on Test Debugger I get the following error:
Could not initialize class coldfusion.log.CFLogs
Is this a problem with CF Builder 3 trying to access the CF 9 server?
According to this Adobe forum post they resolved the same issue by changing the port setting in ColdFusion Builder to the standard HTTP port (normally 80).
I also found this article which details the steps to setup ColdFusion debugging with Eclipse and it also has the port assigned to 80.
UPDATE:
Read this how-to article from Charlie Arehart. While it references older versions I think the same steps still apply and he mentions specific things that must be enabled on your ColdFusion server for it to work. Hope that helps.
Setting up ColdFusion Builder Step Debugging
And here is a video tutorial from Adobe's blog that steps you through the process as well.
Learn how to debug ColdFusion applications using ColdFusion Builder