after you pressed the explore button in Limewire, go to the Windowsfolder that popped up. (I'm assuming you use Windows. You did not say which OS you use)
Beside the forward/back arrows there is a folder with an arrow pointing up. Press that and you go to the folder where your saved folder is located. Then just right-click on your saved folder and choose "make shortcut"
Drag the shortcut wherever you like.
