In Net beans 8, during debugging (in my case, smali debugging), you cannot change char sequence variables, they are shown as read-only strings. An example of usage is Android text-elements (EditText) whose value is stored in Obj.mText.mText in a char sequence. The following screenshot, shows a Tree view, but you cannot change the field in table view either.
So, I tried do the same with Net beans 6.8 and I found that it let me edit char-sequence variables. After some research I figured out that in order to enable editing of those variables I need to disable the auto formatting. You do this in tools menu -> options and remove the V of Default Char sequence formatter: