FULL PRODUCT VERSION :
java version "1.7.0_72"
Java(TM) SE Runtime Environment (build 1.7.0_72-b14)
Java HotSpot(TM) 64-Bit Server VM (build 24.72-b04, mixed mode)

ADDITIONAL OS VERSION INFORMATION :
Windows Server 2008 R2 (6.1.7601), also repeated on Windows 7 64-bit (also 6.1.7601).

EXTRA RELEVANT SYSTEM CONFIGURATION :
IPv6 is disabled in the network adapter.

A DESCRIPTION OF THE PROBLEM :
This looks like it may be a recurrence of JDK-6458027 or something similar.  After reading that bug report the same workaround of using -Djava.net.preferIPv4Stack=true resolves this issue.

JBoss JGroups began throwing a SocketException on java.net.MulticastSocket.setInterface when we upgraded from 7u67 to 7u71 (64 bit JRE).  Confirmed problem is repeatable on 7u72 as well.  Looking at the JGroups code I was able to repeat the problem with a simple sample program pasted below.  After compiling this I can call it passing my systems public IP address as an argument and it runs fine on 7u65 or 7u67 but when I use 7u71 or 7u72 to run it I get the exception.  Searching for a bug I found the one listed above that was resolved some time ago but as mentioned above the same workaround works.  When I use the preferIPv4Stack=true property it runs fine on all versions.

Sample application to reproduce issue:
---------------------------------------------------------
import java.net.*;

public class Socket
{
	public static void main(String[] args) 
	{
	try
        {
		String bind_ip = args[0];
		System.out.println("Getting socket on: "+bind_ip+"\n");
		InetAddress bind_addr = InetAddress.getByName(bind_ip);
		int mcast_port = 35000;
		MulticastSocket mcast_sock = new MulticastSocket(mcast_port);
		mcast_sock.setInterface(bind_addr);
	}
        catch (Exception e)
        {
	    System.out.println("Exception: "+e+"\n");
        }
	}	
}
----------------------------------------------
Full stack trace:

java.net.SocketException: An invalid argument was supplied
        at java.net.TwoStacksPlainDatagramSocketImpl.socketNativeSetOption(Native Method)
        at java.net.TwoStacksPlainDatagramSocketImpl.socketSetOption(TwoStacksPlainDatagramSocketImpl.java:145)
        at java.net.AbstractPlainDatagramSocketImpl.setOption(AbstractPlainDatagramSocketImpl.java:310)
        at java.net.MulticastSocket.setInterface(MulticastSocket.java:467)
        at Socket.main(Socket.java:14)




REGRESSION.  Last worked in version 7u67

ADDITIONAL REGRESSION INFORMATION: 
java version "1.7.0_67"
Java(TM) SE Runtime Environment (build 1.7.0_67-b01)
Java HotSpot(TM) 64-Bit Server VM (build 24.65-b04, mixed mode)

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
Use the following sample application and pass the systems public IP address on a Windows Server 2008 R2 or Windows 7 64-bit system with IPv6 disabled (un-checked) on the public adapter.  You can't use localhost, it will work fine.

import java.net.*;

public class Socket
{
	public static void main(String[] args) 
	{
	try
        {
		String bind_ip = args[0];
		System.out.println("Getting socket on: "+bind_ip+"\n");
		InetAddress bind_addr = InetAddress.getByName(bind_ip);
		int mcast_port = 35000;
		MulticastSocket mcast_sock = new MulticastSocket(mcast_port);
		mcast_sock.setInterface(bind_addr);
	}
        catch (Exception e)
        {
	    System.out.println("Exception: "+e+"\n");
        }
	}	
}

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
No exception thrown by the setInterface method.  Sample application should return with no error.
ACTUAL -
The following stack trace is thrown:

java.net.SocketException: An invalid argument was supplied
        at java.net.TwoStacksPlainDatagramSocketImpl.socketNativeSetOption(Native Method)
        at java.net.TwoStacksPlainDatagramSocketImpl.socketSetOption(TwoStacksPlainDatagramSocketImpl.java:145)
        at java.net.AbstractPlainDatagramSocketImpl.setOption(AbstractPlainDatagramSocketImpl.java:310)
        at java.net.MulticastSocket.setInterface(MulticastSocket.java:467)
        at Socket.main(Socket.java:14)

ERROR MESSAGES/STACK TRACES THAT OCCUR :
java.net.SocketException: An invalid argument was supplied
        at java.net.TwoStacksPlainDatagramSocketImpl.socketNativeSetOption(Native Method)
        at java.net.TwoStacksPlainDatagramSocketImpl.socketSetOption(TwoStacksPlainDatagramSocketImpl.java:145)
        at java.net.AbstractPlainDatagramSocketImpl.setOption(AbstractPlainDatagramSocketImpl.java:310)
        at java.net.MulticastSocket.setInterface(MulticastSocket.java:467)
        at Socket.main(Socket.java:14)

REPRODUCIBILITY :
This bug can be reproduced always.

---------- BEGIN SOURCE ----------
Use the following sample application and pass the systems public IP address on a Windows Server 2008 R2 or Windows 7 64-bit system with IPv6 disabled (un-checked) on the public adapter.  You can't use localhost, it will work fine.

import java.net.*;

public class Socket
{
	public static void main(String[] args) 
	{
	try
        {
		String bind_ip = args[0];
		System.out.println("Getting socket on: "+bind_ip+"\n");
		InetAddress bind_addr = InetAddress.getByName(bind_ip);
		int mcast_port = 35000;
		MulticastSocket mcast_sock = new MulticastSocket(mcast_port);
		mcast_sock.setInterface(bind_addr);
	}
        catch (Exception e)
        {
	    System.out.println("Exception: "+e+"\n");
        }
	}	
}
---------- END SOURCE ----------

CUSTOMER SUBMITTED WORKAROUND :
Use -Djava.net.preferIPv4Stack=true