Title:           2011-06-30 11:08:50 [INFO] Starting minecraft server version Beta 1.7_01 2011-0
Author:          Asterisk
Pastebin link:   http://pastebin.com/ftDj0YMu
First Edit:      Thursday 30th of June 2011 10:10:20 AM CDT
Last Edit:       Thursday 30th of June 2011 10:10:20 AM CDT

2011-06-30 11:08:50 [INFO] Starting minecraft server version Beta 1.7_01
2011-06-30 11:08:50 [INFO] Loading properties
2011-06-30 11:08:50 [INFO] Starting Minecraft server on *:25565
java.lang.NoSuchMethodError: method java.net.ServerSocket.setPerformancePreferences with signature (III)V was not found.
   at cu.<init>(SourceFile:29)
   at net.minecraft.server.MinecraftServer.c(SourceFile:130)
   at net.minecraft.server.MinecraftServer.run(SourceFile:284)
   at bq.run(SourceFile:422)
2011-06-30 11:08:55 [SEVERE] Unexpected exception
java.lang.NoSuchMethodError: method java.net.ServerSocket.setPerformancePreferences with signature (III)V was not found.
   at cu.<init>(SourceFile:29)
   at net.minecraft.server.MinecraftServer.c(SourceFile:130)
   at net.minecraft.server.MinecraftServer.run(SourceFile:284)
   at bq.run(SourceFile:422)