Are there compatibility lists round that tell you which apps will work with Mountain Lion ?
If only Apple did the same thing as Microsoft does.... Has a Software page saying x will work with x. rather than rely on developers to make the stand.
Since one of my app needs 10.7. And thats Toast 11.06,, i may try it and see, otherwise i may just run 10.7 under Parallels, if i need it. Or optionally, just wait for the update for this one app.