Collaboration among more than one developer is probably best done using a central "bare" repository, which is roughly analogous to a repository in Subversion. Sharing changes between two or more people with only their own repositories, is difficult and prone to error. Also, using a central repository will feel more comfortable coming from a Subversion background.
One great thing about Git is that you can easily have more than one "common" repository. I have my development set up so I keep a set of bare repositories on one server that I usually interact with ("origin" for most of my projects), but for some projects I also push the whole thing up to GitHub. I don't have to choose which one is the single central repository, I can pull and work from the GitHub repository and later push to my own copy.