I wrote a converter a while back for converting from Homesite to CFEclipse. The process is identical for CF Builder. You can read about it and download it here:
Since I'm brand new to eclipse & thus CFBuilder I had no idea how snippets were configured or located.
I just converted homesite snippets to CFBuilder 2 with this script on a CF 8 server. It need a few minor tweaks but it worked perfectly. (Mainly, I needed to order the TheData query by Directory since I had several folders multi-levels deep.) Thank you.