I stopped using it a while back. It was a pretty good client for the Gnutella P2P network - I stopped using it when they decided to stick adverts etc in it - I now use Shareaza (http://www.shareaza.com/) which supports the Gnutella1/2/Emule networks (and BitTorrent torrent files).
I believe Limewire can still be used for "private" networks within the Gnutella network - by setting unique "handshake" values - possibly a bit easier than setting up a FTP site.
Hi Jon,
Limewire is great , pretty much get what you want there, music programs or even movies if you have broadband and a big HD.
It work much better in the evenings and week-ends as it is a shire site it needs to be busy to work well. Only word of warning I do not leave it on over night for example, I did have a few glitches when I left it for hours unattended.
Enjoy and Happy Christmas.