Hi,
SVN prohibits using 'localhost' using HTTP access.
More importantly current version of DotSVN does not implement access using http.
Please refer the folloowing article:
http://www.codeproject.com/KB/cs/subversion_using_dotsvn.aspx
Opening the repository
In order to open a repository, we have to specify how we are going to
access the repository. A Subversion repository can be accessed by any
of the following three protocols: file:// To access a repository located on the local machine http:// or https:// To access a repository over the Web (using WebDav protocol)
svn:// A custom protocol proprietary to Subversion
DotSVN currently supports repository access using the file:// protocol which is implemented in FSRepository class. So in order to connect to a repository on the local file system, we have to first instantiate an FSRepository giving a complete local path to the repository.
Regards
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George Chiramattel
http://george.chiramattel.com/blog