Multiple web projects, best organizational method?

What's the best way of organizing multiple (web) projects?

I've got about a dozen different sites and assorted projects which I'm
migrating from CVS and Perforce over. Right now I've got about half of
them converted and they're installed as multiple repositories, but now
I'm wondering if I should have done it as simply sub-directories within
the same repository instead?

Anyone have any suggestions?

-- 
*Damien McKenna* - Web Developer - dmckenna@thelimucompany.com 
<mailto:dmckenna@thelimucompany.com>
The Limu Company - http://www.thelimucompany.com/ - 407-804-1014
"Nothing endures but change." - Heraclitus
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