I deleted the "preferences LW" folder in drive C and then I did the following:
   
Steps: 
1) Launch Limewire. See the new "Tips" dialog box? DISABLE the show-tips-at-launch checkbox. Then click "ok" and hope you never see that box again. 
2) Go to LimeWire Preferences and disable the auto-connect at launch option. 
3) Quit Limewire.  Then relaunch Limewire.  Then manually "connect" from the menu.  Voila! 
I surmise that the new Tips box is interfering with the application's ability to connect!  
Now it is running perfect Turbo and all, thank you so much Limewacko!!!!!!!!!
