The default download folder is C:\documents and settings\your name\shared

I believe when you install LW, it asks you if you want to share from this folder (not sure...maybe you share it by default)

Either way, when you install LW, that folder would be the only one shared.

You do have the option to share additional folders (or none at all), and you also have the option to change your download location(s). If you want, you can make audio files go in one folder and video files in another.

Hope this helps