Subversion repositories are typical sub-divided into:
branch/
tags/
trunk/
You would either place all of your DLL and application projects into the trunk and then use branch and tags for all of them as necessary too:
branch/
tags/
trunk/
project1/
project2/
Alternatively, you could create folders for each project in the root and then place the common branch, tags and trunk folders within them.
project1/
branch/
tags/
trunk/
project2/
branch/
tags/
trunk/
Note that this practice is simply convention and nothing in SVN requires (or really promotes) doing it exactly this way. However, everyone is used to it. So, you would be doing people a favor to go along.
To elaborate further, the trunk is where your main development will take place. When you want to mark a particular revision (e.g. a release version), then simply svn copy the project into the tags directory. Also, just copy code into the branch directory when you want to do something dramatic or prolonged and don't want to hinder progress in the trunk. Later you can svn merge your branch back into the trunk when it is ready for action!
If you want to correct mishaps in your current Subverion repository, then just use svn move to relocate them. Unlike the delete and add process of CVS, move will retain version history for the new location.
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