Compared to the boring difficult steps you had to go through in the past to create your repo ; You had to create your own hosting or go for something like myrepospace then upload your packages from your computer, iRepo is definitely there to make your life easier.
The iRepo doesn’t require any previous knowledge about repos or packages. Simply unpload the packages downloaded from your PC to your device using this user-friendly interface and you`re good to go.
iRepo v1.0 available for download at BigBoss. Compatible with iPhone 4, iPad 2 on iOS 4.3.3.
To establish your own local repo, firstly open iRepo from your springboard then select the “Repo Config†to set the source destination.You`ll have to add a name, a label,and a description.
To upload your packages in the repo, put your .DEB packages in the directory “\var\mobile\iRepo\†using desktop app as DiskAid or iFunBox to ssh .deb files. Once finished, hit the “Save†button and tap on “Enable Repoâ€.
(Via CydiaHelp)