http://svnbook.red-bean.com/en/1.0/ch07s03.html ?
> It would be very nice for each project in a solution to have its own
> svn repository. This is useful when a utility project or other often-
> used project is used in multiple solutions. For example, I have a
> project called Utilities that's a part of just about every solution I
> build. It has its own repository - it would be nice to be able to
> work with that repository when working in a solution that uses the
> Utilities project.
>
> Thanks for a great product!
>
> -k
>