Yes, yes it does.
You can install it on Mac OS 8.1 (minimum requirement) or Mac OS X, whichever you have.
You'll need the latest Java for better performance.

Go to the official site (www.limewire.com). Don't dld it from anywhere else. You'll get scammed.

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iMac G4 OSX 10.3.9
RAM 256MB
LW 4.10.5 Basic
ADSL anything from 3 to 8Mbps/around 1024kbps

"Raise your can of Beer on high
And seal your fate forever
Our best years have passed us by
The Golden Age Of Leather"
-Blue Öyster Cult-