I have installed minecraft version 1.7.4.

From the Minecraft Launcher 1.3.6, I click the Play button at the bottom.
Then I see a green progress bar move across the bottom of the launcher screen.
The game console opens up with the Mojang logo on the screen. Then the game console closes again and it returns to the launcher. The game won't stay open after I hit Play and I am unable to play it.

Attached the error message log from the minecraft launch development console. I have logged a bug report with Sun/Oracle for the Java crash error, but I was hoping you might be able to help advise how to get minecraft working on my machine.

Note: I have tried uninstalling and re-installing Java, and also checked that my device drivers are all up to date, but neither fixed the problem.