To create a short cut:
While in Limewire click the library tab. Now click explore; lower left corner. This will take you to your shared/saved folder outside of Limewire.
You should see a folder on top of your files. Will say shared. Right click the folder and it will highlight and a pop up box will appear. Find "Send To" Now look for Desk Top (create shortcut) Click. Another pop up box will appear and ask you if you want to send... Yes.
Hope this helps.