coldfusion.jsp.CompilationFailedException: Errors reported by Java compiler:
….
class file has wrong version 49.0, should be 48.0

I saw the same error posted in the public forum where the user had deployed ColdFusion 8 on JRun with JDK1.5 and was trying to invoke webservice. And hence this blog entry

This error comes because of incompatibility between the tools.jar and the JVM version. ColdFusion 8 ships Java 1.6’s tools.jar (you will find it in cfusion/lib) which is of course incompatible with any other JDK/JRE version. You will see the same behavior with ColdFusion 7 as well, if you run it on a JVM other than 1.4. So the rule of thumb is – if ColdFusion is running on a JVM version other than the shipped one, you must ensure that the tools.jar is in synch. In short, you will need to copy JDK’s tools.jar to cfusion/lib.