Whenever you create a task repository in eclipse for reviewboard and provide user credential it works fine for the first time, but after restarting eclipse if you click update repository configuration in task repository it gives "Updating repository conguration failed : Authentication failed, please check your username and password" error.
Further, if you go to properties of the repository and try to validate again providing your credential it gives the same error, but if you remove the repository and re-add again it works fine till you restart eclipse again.