You can use Grofaty's scripts ...
But remember, unless there is a substantial difference in the statistics(rule of thumb is 10-20% data change), having a runstats run every night will make little difference.
As for REORG, again, do it only when there is a need ... You can use REORGCHK Command to get recommendations for REORG. Generally, I would consider doing once a month. I understand that REORG in V7 is not very reliable ... So make sure you take a tablespace backup before the REORG and preferably, after as well. You will have to see if you have enough space to do the REORG. DB2 makes a copy of the data in the same tablespace or in a temp tablespace(when USE TABLESPACE) option is used.
HTH
Sathyaram