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Im curretly set up with cable and my connection settings are right. But im getting super slow download speeds. Yet on the other hand i was reaching speeds of 145KB'S while downloading limewire itself off downloads.com. HELP!!

Try d/loading a file from here: http://www.magnetmix.com/audio2.shtml. You should get good speeds from that site. If not it could mean that your isp is shaping your bandwidth..

Also post the details of your set-up: System details - help us to help you