I don't know -much- about Macs having only used them for design rather than looking at the OS... reinstalling Java should be as easy as re-downloading the EXE from sun.com and executing it. Aswell as uninstalling your current version of LW and possibly getting in contact with "Lord of The Rings" who has a backlog of releases and will be able to give you one which was working with your system
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but I'm sure he'll give you more information on switching
back to an older release!
Just hold up
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if nothing else has worked so far... uninstall everything connected to limewire and reinstall it for now.
Seith