I'm on a macbook air and I'm getting the same deal 5sec. an it's gone.
Although I've noticed if you turn off the tip of the day by unchecking the box when and if you get to it...let Limewire close down...Relaunch and as soon as you get the screen: type in any word (I use mac) hit enter....it will tell you that Limewire is connecting...hit enter close the Limewire upgrade box and keep that mac search going and you are now have the time and are free to roam in the application get to system preferences , search(once youve started a custom search you can git rid of the mac search) and download, which will still go into itunes, ect.

Note: these steps have to be done quickly, but the search is the key to fooling the application into "sourcing" that infamouse saved folder