Tmux just switched its VCS from CVS to SVN. I don't see why anyone who decides to switch away from CVS today would choose subversion. I suppose the high convergence between CVS and subversion workflows could be a reason for long time CVS users.
Anyway. I didn't want to bash anybody's choice of version control when I started this article. What I really wanted to say is that...
% git svn clone https://tmux.svn.sourceforge.net/svnroot/tmux/trunk tmux
...will get you a git import of the subversion history. And yes, you can update that import incrementally using:
% git svn rebase
If you want to do actual development in that import, that's possible, but you may want to take a look at git-svn's documentation.