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something else is wrong (Score:1)
I tend to prefer shared over local as long as the shared resources are in the same office and have reasonable rights. Servers located in different continents or where I have not got enough rights to do my job are a pain.
If your test db servers are down as often as they are up, 20 is a normal load on your server or you often don't have network connectivity in your office then you probably have bigger problems than the relative merits of centralized verses distributed development.
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