I have successfully built it with 4.8, 4.7 never would but with 4.8 bitcoind locks up whenever it dumps the initial block download to disk.
I urge you not to use BDB 4.8. The database/log0000* files will be incompatible if anyone uses your build and then goes back to the official build.BitcoinTalk
#15From:
satoshi
Subject:
Re: Bitcoind x86 binary for CentOS
Date: