*Bumping this thread as I've uninstalled/reinstalled Java, tried builds 218-221, and still nothing.*
I also completely wiped my technic folder as well, also with no results.
And I've heard the talk around the net saying that the JRE error goes away if you downgrade to Java 6, but some of the mods I need to run to play on my usual server REQUIRE Java 7, so I need an ACTUAL answer to the core of the problem.
Edit: Another suggestion I saw others make was to use the .jar file directly. Still nothing.