Subversion and Monodevelo

The nice thing about Monodevelop is that it has built in support for subversion. The bad thing is that getting that really to work is a real PITA. There is no documentation at all how to set up a Subversion repository and having MonoDevelop (for Mac)communicate without completely crashing over and over again. This is my public cheatsheet. The scenario: I have Windows based network centered around