JFYI: today I migrated the mylvmbackup source tree from my local Subversion repository on http://www.lenzg.net/ to a Bazaar repository on Launchpad.net.
This will hopefully make it easier for contributors to work on the code and share their modifications with others, removing me as the bottleneck for applying and testing patches for new releases. I chose Bazaar primarily because I wanted to get some more hands-on practice with it, now that the MySQL Server source trees have been transferred to it as well (see Kaj's announcement for details).
As mylvmbackup is closely related to the MySQL Server project, it made sense to choose the same platform and enjoy the cross-pollination effects and the infrastructure that Launchpad provides. Additionally, the distributed nature of Bazaar makes it more convenient to work with the code history and commiting changes locally without having to be online and connected to the SVN server.
I am sure that other DSCMSs like Git, Mercurial or darcs would have done the job equally well - nowadays it's very hard to choose 
The "trunk" branch is now hosted on Launchpad. I assume that I will soon open up a development branch, that will receive heavier modifications first. I also plan to use the site for bug tracking and keeping track of feature requests (via Blueprints).
To create a local branch of the "trunk" repository, you can use the following command:
bzr branch lp:mylvmbackup
I also maintain a copy of that branch on my home server, just in case: http://www.lenzg.net/bzr/mylvmbackup/
To avoid confusion, I removed the Subversion repository on http://www.lenzg.net. Please use the Bazaar tree on Launchpad from now on. Thanks!