I have the same problem, only after the same installation error my LimeWire won't sahare files or make searches. It's totally frozen. This is the first part of the report, and the only error listed:

Install Log Detail:

Custom Action: com.limegroup.install.SettingsTranslator
Status: ERROR
Additional Notes: ERROR - class com.limegroup.install.SettingsTranslator.install() Unexpected Fatal Error: