Yes.
http://www.kapsi.de/files/itunes.html
It's a guide for OS X, but it works for Windoze too.
Also, get the latest LW and go to Tools, Options and iTunes and activate iTunes support: all subsequent downloads (in a file-format that iTunes recognizes of course) will automatically be imported in a new iTunes playlist entitled Limewire.

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iMac G4 OSX 10.3.9
RAM 256MB
LW 4.10.5 Basic
ADSL anything from 3 to 8Mbps/around 1024kbps

"Raise your can of Beer on high
And seal your fate forever
Our best years have passed us by
The Golden Age Of Leather"
-Blue Öyster Cult-