--- a/Plugins/VcsPlugins/vcsPySvn/SvnNewProjectOptionsDialog.py	Tue Jul 10 19:06:38 2012 +0200
+++ b/Plugins/VcsPlugins/vcsPySvn/SvnNewProjectOptionsDialog.py	Wed Jul 11 19:15:52 2012 +0200
@@ -53,7 +53,7 @@
         self.localProtocol = True
         
         self.vcsProjectDirEdit.setText(Utilities.toNativeSeparators(
-            Preferences.getMultiProject("Workspace")))
+            Preferences.getMultiProject("Workspace") or Utilities.getHomeDir()))
         
     @pyqtSlot()
     def on_vcsUrlButton_clicked(self):