Eclipse is not one of those applications that need to be "installed" since it can just be copied into a directory structure and have shortcuts set up for running it (a la the BIRT all-in-one distributions).
I would suggest installing it on one machine, getting all the plug-ins installed, then just zip up the directory and use that to distribute to other machines.
And running your own update site isn't that difficult, you just need a server into which you install only the versions of the plug-ins you need and ensure your distribution points to that server before making the zip file. There's nothing stopping your developers from connecting to another site as well.