All the previous suggestions are pretty simple, and I know cvs is a bit out of vogue these days, but I like to use it's local mode for a repository that doesn't even need a server to install or set up. The repository can be anywhere on your hard drive. I have mine on a memory stick to have access to it anywhere even without an internet connection.
The key commands are:
cvs -d:local:/full/path/repository init
to create the repository
mkdir /full/path/repository/project
to create the module, and
cvs -d:local:/full/path/repository/cvs co project
to check out a local version.
TortoiseCVS gives you your Graphical UI
