Yes, we are aiming for a whole range of updates to our 1.4.7 packs on Monday.[DOUBLEPOST=1369600490][/DOUBLEPOST]
MaxPermSize can be used to help a fair few mods, and is a worthy flag to try out. 512M might be a little large, 256M can also be quite useful .. In any case, give it a shot, and see how your game works with it.
I'm a big user of MultiMC (so many test packs, gods help me), but it is possible to provide additional java parameters in the Launcher as well. Just click Options, then Advanced Options, and there's a handy dandy Additional Java Parameters field there as well.I found a way to reduce the lag from the Beta Packs. It has worked for me, I can't promise it will work for everyone else.
MaxPermSize can be used to help a fair few mods, and is a worthy flag to try out. 512M might be a little large, 256M can also be quite useful .. In any case, give it a shot, and see how your game works with it.