@Supaman
If you picked the server nearest where you live, these speeds are your approximate maximum upload and download speeds. Note that these speeds are given in kiloBITS.
Divide by 8 to convert your speeds to kiloBYTES. These are the units expressed in Limewire and pretty much everywhere else!
So...the max speed you can achieve in Limewire is 188 kB/s down and 47 kB/s up.
Just because this is your max does NOT mean any file you try to download will attain these speeds. Remember, you can't download a file any faster than anyone else can (or is willing to) upload it. I have 3Mb/s cable internet, and right now I am downloading several files at only 3-4 kB/s...this is normal for some files. Also, the more distance between you and the host, the slower the download can be.
Hope this helps
Dano