Nope, i'm sure, coot is a reliable person, i met him like a year ago in Peer evolution forums (i.e. Ares forums), maybe because it has been kept as a secret, and look what he said:
"...limewire was awesome too (lite) i loved the interface and player w visualizations until it was bought by imesh and went down tubes w a crappy interface and pay junk and im nonsense...."