Yes, this is one of the classics - right up there with the "less space than a Nomad, no wireless, lame" comment (which wasn't on HN I don't think - but we all know it could have been :)
Edit: I see the motherlode is in place earlier in the thread "Especially when you could build such a system yourself quite trivially by getting an FTP account, mounting it locally with curlftpfs, and then using SVN or CVS on the mounted filesystem"
