You could try rolling back your Java version...
Uninstall all versions of Java from the add/remove programs and then re-install the JRE 5.11 offline version....
Archive: Download Java 2 Platform Standard Edition (J2SE) 5.0 Update 11

Also try deleting your preference folders...

Fixes for Limewire when LW isn't operating as it should
LimeWire Pref Folder in Vista

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If you dont live for something...
You die for nothing...