Mac OSX 10.8 + LO v3.x and Java 7 support?

We will be making the transition to 10.8.x soon and would like to know what to expect in terms of running LibreOffice.

My understanding is that a clean install of Mountain Lion does not come with Java preinstalled and that we would need to manually install it.

Oracle has recently released its OS X version of Java 7, which they recommend over any Java 6.

I just want to confirm that LO will run properly on 10.8.x with the Oracle Java 7 JRE.

I use LibreOffice with the latest Java 7 on Mac OS X 10.8.1 on hardware from 2008 and 2010.

I cannot confirm that LibreOffice “crashes real often”.

However, I work mostly with Calc and once in a while also with Writer.

Libre Office crashes real often, making it useless. Even after I upgraded to the newest version and changed the security setting, it still didn’t help. Upgrading my Java didn’t help either.
When I had Lion it worked fine but the upgrade to Mountain Lion was not good for the program.
It’s also to bad since it is the only program that I could find that would change my Word Perfect documents to Word or other more feasible word processing programs.
right now LO will not run properly on 10.8x with Oracle Java 7 JRE.