OK, Thanks so it is not explained very well.

Does this mean that the Itunes folder is the folder that I will be sharing with others?

What about Limewire. How do I share files with Limewire?

Or does Limewire not share files without Itunes and that it needs Itunes to share any file?

I was under the impression that my files were to be shared with Limewire's interface.

If someone deleted the Itunes folder will files not be used with Itunes and then will be shared with Limewire instead?