Acclimation is the key.
The tap water in my region is 7.8 and hard naturally. The fish are fine in it, even the angels (but they won't breed). I've even heard that discus will be fine at that pH, but they sure as hell won't breed and they certainly won't have the pretty colors that they are known for.
But the fish are already acclimated to the high pH, so going from the pet shop to the home aquarium is not such a big shock to them. Then you get the people who freak out about the pH being 7.8 when all the books and everybody has told them the pH should be 7.0. They go out and buy that pH down crap. WARNING! pH DOWN IS STRAIT HYDROCHLORIC ACID (HCl)! You add strait HCl to your skin, it hurts like hell, trust me. You add strait HCl to your tank improperly, you hurt your fishies. Also, because the water is hard, it has a buffering capacity. You might add the reccommended amount of pH down, but the actual pH of your tank won't go down because the hardness of the water absorbs the acid and neutralizes it, preventing a pH change. THIS IS GOOD! Fish aren't so much concerned with what their pH is (so long as it is not extreamly out of their physicological needs) as much as they are with stability.
The pH scale is expodential. A drop, or rise, in one point of pH, say from 7.1 to 7.2 may not seem like a huge increase to us, but it is in fact a 10x increase to physicological function. So going from 7.0 to say, 8.0 is a 100 fold increase. Ouch!
But you keep adding pH down, keep adding pH down, getting fustrated with why the pH is not 7.0. Then, one day, all of a sudden, the HCl reaches the buffering threashold, and you have a pH crash down to 6.0 or 5.0, because you've used up all the hardness in your water to neurtalize all the pH down that it no longer keeps pH stable. Stressed fishies result. Desperate water change methods also knock around the pH stability, thus stressing out fishies still more.
If topfuel7's -tap water- already has a really a high pH and hard water naturally, I would not add the piece of coral. Why upset an already "not proper" water chemistry? If topfuel7's -tap water- is very soft with a low pH, then adding a small chuck of coral could definately help with the buffering capacity of that water. =BUT= the pH should not be increased more than 2 points (aka 7.0 to 7.2) within a 24hr period to make sure his fish have time to acclimate. This is assuming that topfuel7 is using dechlorinated tap water in his tank.
So, the moral of the story is: topfuel7 needs to test the pH, carbonate hardness, and general hardness of his fish tank before deciding to add coral. Then, if he does add the coral, he will have to monitor the above to make sure of stability.
~~Colesea