Eclipse error: Failed to load the JNI shared library VM.dll

I have managed to install OSB 11.1.1.4 with OEPE 11.1.1.6 (oepe-helios-all-in-one-11.1.1.6.1.201010012100-win32) on Win7 64-bit.

My default JDK is 64-bti. When I try to fire up Eclipse, i am getting "Eclipse error: Failed to load the JNI shared library ... vm.dll".

The solution is to download JDK 32-bit and update eclipse.ini to point to the 32-bit JDK. This is my .ini setting:
-startup
plugins/org.eclipse.equinox.launcher_1.1.0.v20100507.jar
--launcher.library
plugins/org.eclipse.equinox.launcher.win32.win32.x86_1.1.1.R36x_v20100810
-showsplash
org.eclipse.platform
--launcher.defaultAction
openFile
-vm
c:\progra~2\java\jdk1.6.0_27\bin\javaw.exe
-vmargs
-Xms256m
-Xmx768m
-XX:MaxPermSize=256m
-Dsun.lang.ClassLoader.allowArraySyntax=true
-Dweblogic.home=C:\Oracle\Middleware\wlserver_10.3
-Dharvester.home=C:\Oracle\Middleware\Oracle_OSB1\harvester
-Dosb.home=C:\Oracle\Middleware\Oracle_OSB1
-Dosgi.bundlefile.limit=750
-Dosgi.nl=en_US