Just one more quick question on this subject. Is organizing my audio files in seperate folders by artist a good idea or should the files all be in one big folder. Thanks for any help

I don't think it should matter. You should still be able to share all of your files. For example, if you share your 'My Music' folder, and all of your subfolders are in there, you should be sharing all of your files. You can verify this by noting how many files are in the green oval at the bottom of the Limewire interface.