Version Control through Versions

I am not necessarily familiar with Mac OS X 10.7 although I have the OS installed on my macbook.

I am using ClearCase on my Solaris (SunOS 2.5) machine and I have been looking for an alternative on the mac.
I know Mac OS X has CVS but I don't really like.

The question is: Does the versions implementation of Version Control in Mac OS X 10.7 allow version control using the terminal?

In clearcase: I could do:

Code:

cleartool ci <file name>

to check in a file, etc.

I am looking for a terminal level implementation for versions in 10.7. Is there anything like that in the developer preview?

Thanks

-deth