diff -r a5c43944e1ee -r 400a4a502001 mercurial/hg.py
--- a/mercurial/hg.py	Sun Jul 30 09:37:08 2006 +0300
+++ b/mercurial/hg.py	Sun Jul 30 21:46:38 2006 -0700
@@ -31,6 +31,8 @@
 def local_(ui, path, create=0):
     if path.startswith('file:'):
         path = path[5:]
+    if not create and os.path.isfile(path):
+        return bundlerepo.bundlerepository(ui, '', path)
     return localrepo.localrepository(ui, path, create)
 
 def ssh_(ui, path, create=0):