[TYPO3-english] Is debian 7 fine for typo3 ?

[joydeep at infoservices.in]

Hello list,

debian is soon releasing the nest stable version 7.
The php is shipped with this version is *** 5.4.4 *** and Mysql is *** 5.5.28 ***

Is the typo3 running with 4.6.x / 4.7.x is fine with the OS up-gradation ?

Thanks