CocoaPods/CocoaPods — pull request #458 by irrationalfab (2012-08-14 10:20:41+00:00)
Title: Local source

Starting from the pod_update branch: [diff available here](https://github.com/CocoaPods/CocoaPods/compare/pod_update...local_source).
Test are missing, for now, but empirical evidence suggests that it is working.

Why the previous work of @lukeredpath was removed? I can find traces of it but on a quick check I wasn't able to find it in the history.