errr sure...
 

ive just installed limewire, and this is my first error :D :

your client is a leaf node shielded by an ultrapeer. Hence you will see few or no searches in the monitor window

What is this supposed to mean?

That's not an error. It just means you are not acting as an ultrapeer. If you were an ultrapeer you would see a lot of traffic go past on that top part of the monitor window. As a leaf, you may just see the searches that are coming into your LimeWire. An ultrapeer helps leafs to connect & shields them from a lot of unnecessary traffic. To find out more about up's search the forum. ;) :)