You'll be happier using a distributed version control system, such as Git. I
recently switched my company to Git earlier this year and have never looked
back. So much better and less problematic managing repositories. Dead easy
to create a repository on any box and have clones on any other box.
The Subversion binary is embedded in Versions. A new release of Versions is
required to get the latest Subversion.
1.7 is backwards compatible with earlier versions, so there should be no
compatibility issues.
Release Notes:
http://subversion.apache.org/docs/release-notes/1.7.html
/TheDO/
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