Originally Posted by Lord of the Rings

Who is your Internet Service Provider (ISP) ?
Sounds to me like your connection ports are blocked. Have you checked both your software firewall to allow exception for Phex? Is your D-Link port forwarded or running under UPnP?

http://www3.limewire.com:6346/ if it times out then it means that port 6346 is blocked, either by your router or by your ISP. Options are to connecting to a higher untaken port such as one between 49152 to 65535.