I\'m really not well versed in these things, I just want to setup an svn server locally on my computer. Also I\'d like to set it up and integrate it directly into Visual Studio
I used TortoiseSVN, created a directory (C:\Repositories) then used the menu command "Create Repository Here...".
I recommend using subversion as a local host for the files with tortoise tortoise for browse integration or/and ankhsvn for intergration with vs2008.
http://www.visualsvn.com/ That should help with your integration issues
I would recommend Toirtoise SVN its fairly easy to setup and use.
Here is the documentation, its a must!
Just create a local svn repository and use a file:// based urls for them source code. Shouldn't need to have a specific. running, server instance for this.
Check for http://www.visualsvn.com/ for the server and TortoiseSVN for the client. Check for AnkhSVN for integration with Visual studio 2008.