I'm not going to say you're wrong, I just haven't had a install work as advertised yet. I was initially put off when I tried to install it on my Windows workstation, check out this tutorial for how much of an annoyance it is :

http://www.timdavis.com.au/git/setting-up-a-msysgit-server-w...

I tried on another ubuntu machine and it just kept failing, I tired around 4 walk throughs and none of them completed... why I'm not sure.

After reinstalling that ubuntu machine after each failure I gave up and went back to SVN because it is already configured on my laptop, and I decided I might as well just use the hackintosh/OSX86 install on my workstation as its primary work environment and use SVN server already available.

I'll try git again at some stage, but I just haven't got enough spare time to spend hours debugging where things aren't as I'd expect at the moment.