Ok so there are 2 different directories based on whether or not you had Source SDK installed prior to the steampipe update, as the directory Largos posted is unavailable for me while the one I posted, is.
Edit: screenshots to show an example so those who have the same 'outdated' setup as I can follow suit.
http://screencast.com/t/oed6AKNF9u
http://screencast.com/t/41wBNJFs