[eluser]coolfactor[/eluser]
My setup looks like this:
Code:
/application/
/config/
/controllers/
...
/views/
/CodeIgniter-1.5.4/
/system/
/webroot/
index.php
As long as the $application_folder and $system_folder variables are set correctly in index.php, you can put your folders anywhere you want.
I keep the CodeIgniter-1.5.4 folder there so I know which version I have installed. Really helps when you manage 12+ sites at a time.