This is the folder, in your Hard Disk, where Apple’s iWeb has published your site. Select the Browse option of the menu and navigate to the local folder you published your site in.
Warning: you don’t have to specify a main folder that contains the site folder, but the site folder itself. Es:
In the above example, you must specify as local folder in iWeb Valet the second folder My Site and not the first one. Note that iWeb creates an index.html also outside the site folder, but this file is useless.
Where is the "Local folder" that I should specify as local site URL?