EDIT #2 (Over three years later, as pointed out by matchew)
As of 30 May 2014 There is now a 1gb (soft 2gb hard) limit. read this for more information
Here is a link to their FAQ which address this question
According to the banner on their homepage: Unlimited disk space. I
can highly recommend it. ;-)
* EDIT (ALMOST TWO YEARS LATER) *
I can still highly recommend it ;-)
And in the meantime they have addressed this question in their FAQ
We don't place any limits on the size of your repositories, file
uploads, or the number of public repositories you can have. Not on the
paid plan or on the free plan. We do expect that you are polite and
respect fair use. read more....
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