Subversion and hard links

Just curious if anyone knows whether Subversion is "compatible" with
hard links on a linux box? What I mean is if I copy a directory using
hard links instead of an actual copy, will subsequent updates, merges,
etc "break" the hard-links correctly such that the directories will
begin to diverge?

I know that the git documentation mentions this as a way to get cheap
working copies from the same git repo data. Just thought this would
be a good way to save some disk space.

Thanks,
Troy

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