Java Preferences
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Utilties/Java Preferences settings are stored in the following user-level location :
~/Library/Caches/Java/deployment.properties
In order to centrally manage this file, you would add the settings you desire to a user logon script or LaunchAgent.
A good example of why someone would need to manage this file is if you are using .PAC files to control proxy settings. Currently, JVM has a bug where it may not correctly read your .pac file causing java applets to fail.