I have both Oracle Java 7 and Apple Java 6 installed. Apple Java 6 is disabled in Java Preferences.
Now, when I try to launch Java Preferences I get a "Cannot launch "Java Preferences - No compatible version of Java 1.5+ is available." error:
This is the output of
Matching Java Virtual Machines (1): 1.7.0_05, x86_64: "Java SE 7" /Library/Java/JavaVirtualMachines/1.7.0.jdk/Contents/Home /Library/Java/JavaVirtualMachines/1.7.0.jdk/Contents/Home
Besides the (Oracle)
/System/Library/Java also contains a