The reality is that unless this application generates a lot of really small files then you simply won't need to exclude these. You should really download McAfee Profiler and see what it actually says is being touched.
I have the same questions about policy handling for eclipse but on the OSX platform. Specifically 10.8.5 and 10.9.2.
Is there a profiler for the Apple OS?
I did find this KB but that's not what I need: https://kc.mcafee.com/corporate/index?page=content&id=KB57072
I want to create the most effective policy for my developers on the Apple platform but I want to understand and justify why. The Profiler for Windows is pretty good for that purpose, hoping for the same on the Mac.