Question : Windows XP + CVS on shared Drive + Configure NetBean + local repository

Subject: Setup CVS local repository on a windows shared and map-network-drive + configure it with Netbeans

 My boss does not have a server and thinks it is too dificult to get one given work regulations.  The solution I have come up with is below.  Note: We both have Windows XP computers.

1.  Create a shared folder with access permission for my boss and myself
2.  Make this shared folder a 'map network drive' for both of us
3. Downoad TortoiseCVS
4. Make a folder in the shared network drive and name it 'CVSroot'
5. Make this folder a local repository ( http://www.tortoisecvs.org/faq.shtml#cvsinit )
6. Have Netbeans check out a repository from this file

If my approach is okay I have other questions:
Q1:  How do I configure the CVSroot file for two users modifying the same code?
Q2:  How would I use Netbeans to check out the repository?

Answer : Windows XP + CVS on shared Drive + Configure NetBean + local repository

Recommend points be assigned to http:#33105229 as it details the steps necessary to checkout projects in NetBeans from a local CVS repository.