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That's just a holdover from the basic assumptions made in the core rules. Core, there are no spontaneous divine casters. The druid, paladin, and cleric all prepare spells, so when that text was written regarding metamagic, the assumption followed that. The oracle should cast like a sorcerer.
This is pretty much my point in making this thread. The metamagic section should be errata'd to refer to "prepared casters" and "spontaneous casters", not "wizards and divine casters" and "sorcerers and bards" (same with the Magic chapter).