http://www.limewire.org/blog/ will give you the latest from Limewire.
I do not personally see how things should be different for ordinary users, but if you live in the USA or if you share thousands of copyrighted files, you are at greater risk than others. Just remain sensible. keep sharing down to a few hundred files, Don't leave LW running continuousy and of course if you are sharing non copyrighted or Creative Commons files, as thousands of users do there is no danger whatsoever.
I hope this makes sense. It is only a personal view