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clicking the icon of a method, class, interface, innerclass, etc in the "package explorer" view, should present the user a small popup menu, where they can select 'private, public, protected,...' once the user selects one of the options the selected visibility should be set in the source code.
For methods there is the change signature refactoring which does the job. In addition to updating the visibility of the method it also updates it for all overridden methods. Given the current schedule this will not happen for 2.1 unless we get external support.
As of now 'LATER' and 'REMIND' resolutions are no longer supported. Please reopen this bug if it is still valid for you.