--- a/mercurial/hg.py	Sun Apr 26 16:50:09 2009 -0500
+++ b/mercurial/hg.py	Sun Apr 26 16:50:43 2009 -0500
@@ -232,8 +232,7 @@
         if dest_repo.local():
             fp = dest_repo.opener("hgrc", "w", text=True)
             fp.write("[paths]\n")
-            # percent needs to be escaped for ConfigParser
-            fp.write("default = %s\n" % abspath.replace('%', '%%'))
+            fp.write("default = %s\n" % abspath)
             fp.close()
 
             if update: