Setup Eclipse with Java 8 and Lambda expressions

I thought this would be a walk in the park... but this was annoying as F***, I've spent a half a day searching Google only to find a pile of rubbish that lead to dead links and wrong instructions to download versions of Eclipse that don't do the trick or take over 3 hours to download(DEAR GOD 3 HOURS), and a bunch instruction about a pre-release Eclipse versions which does not work!

So... what does work:

• Install JDK 8.0 from Oracle
• Install Eclipse Kepler, EE or SE, which ever serves you right.
• Install the plugin from: http://download.eclipse.org/eclipse/updates/4.3-P-builds/
• Restart Eclipse, and start coding...

Took exactly a couple of minutes to get it all set up...

Next: Setup your Java 8 Eclipse Project