Eclipse: Copying Preferences To a New Workspace

When I create a new workspace in Eclipse what I want every time is to have all my preferences from the other workspaces, first of all the color preferences. There is no apparent option in Eclipse to do that. File --> Import --> Preferences won't do that. Maybe it's hidden somewhere else.
I found an easy way to do that: simply copy the settings directory to the new workspace.
Preferences are stored in each workspace in:
/.metadata/.plugins/org.eclipse.core.runtime/.settings

Shut down Eclipse.
Copy part or the entire contents of that directory to the corresponding directory of the new workspace (after you've created it, of course).
Restart and you're done!