Can I direct my downloads into folders other than my "shared" folder, such as new folders for individual playlists I am creating?
Thanks

or a folder for new downloads so as to "quarentee" them until i know there complete and in good working order so i dont pass on crappy files of low quality , ie scratched music tracks.

Yes...

Tools|Options|Saving

specifies where LimeWire downloads files to (only one location - you can't, for example, download music files to one directory and image files to another).

Tools|Options|Sharing lists all the folders that you are sharing. There can be as many shared folders as you like (LimeWire will share the folder and all folders below it).

Mark