In TheIDE there is now Debug/"Run in Valgrind". It uses XML output which is then parsed to more readable form to console output and, more importantly, is understood by theide when doublecking (or pressing F4) (goes to line listed).
On related news, I have fixed all valgrind problems I have spotted when testing TheIDE in valgrind (and which were not coming from glibc, gtk etc..). (Unfortunately, most were really insignificant, nothing to explain recent Ubuntu problem).