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Might try that, I've had no joy whatsoever getting XCode 4 hooked up to my Visual SVN instance (previous XCode worked fine with it) so have been looking at a way to get some form of source control back in place even if its a separate app.
obviously there's the ultra polished Versions.app, but personally I have found it to be too much form over function.
Personally I use Syncrosoft SVN Client, mostly because I have mostly moved to DVCS nowadays and don't use SVN much, second is because I get for free with an otherwise excellent XML editor - OxygenXMl, finally it's crossplatform - Mac, Windows / Linux and support semi-advanced features such as generating a diff/.patch file
Finally what's wrong with command line?