From the BitBucket website we see that “Bitbucket is a free code hosting site for the popular Mercurial distributed version control system (DVCS) with over 157,000 users.
Why DVCS? It enables more powerful collaboration with your team. Commit locally (whether on-line and off), branch and merge with ease, and monitor the activity in your source tree.”

I wanted to share my experiences with the readers out there, as things like this should not kept unknown.

Bitbucket offers free source code hosting with unlimited disk space even for your private repositories. If offers issue tracking, wiki, and an amazingly flexible and easy to use interface. You can easily change plans (if your projects start to grow and you need more than 5 users). The outstanding documentation they have makes the things even better. You should definitively take a look at this service provider.

Take a look at their website: http://bitbucket.org

Note: This is not some kind of paid advertisement, their service just rocks!, and I wanted to share it.