There are several questions on SO about version control for SQL and lots of resources on the web, but I can\'t find something that quite covers what I\'m trying to do.
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We are using SQL Examiner for keeping database schema under version control. I've tried the VS2010 also, but in my opinion VS approach is too complex for small and mid-size projects. With SQL Examiner I mostly work with SSMS and use SQL Examiner to check-in updates to SVN (TFS and SourceSafe is supported also, but I never tried it).
Here is description of SQL Examiner's approach: How to get your database under version control