As I said I have 512 Megs of RAM (unless were talking about 2 different kinds of RAM or something), and if you mean space left on my Hard Drive the answer would be: The total cpacity is 38.16 GB, and the space not being used is 17.07 GB. But I doubt this is the problem either; because I just cleared about 4 GB of space and even before I did that LW was working perfectly.

Ok I'm headed to Pennsylvaina in 2 hours (I'll be there until Sunday) so if you have any ideas or questions just post them and I'll get back to you with answers when I get back. BTW I really appreciate your help.

Ok I got back last night, and I'm ready to get back to business. So I'll talk to you very soon hopefully!!

I'm a little confused. You were using classic LW in classic environment but now you're using LW 4.8.1 in osx. If so I'd have thought they would have separate preferences.

They didn't have seperate Prefs.

At least as far as I remember, but they may just have had the same saving and sharing prefs and I had to modify the other things and I just forgot about that (I doubt that but it's still a possibility). But supposing I had to modify everything again where would I find the old LW Save and Incomplete files (especially if I deleted the old LW folder which is where they were)?

I also downloaded a new screen saver (which I've never done before, I've just used the built in ones) right around the time that LW stopped working (problem is I can't remember if i DLd it before or after). Could that have something to do with it?

The simple way to find the other downld folder is to do a search of your comp for incomplete. The incomplete folder will be in the same directory level as the downld folder.
I've never run LW is classic envt., but have run it on os9 on same comp. In that case of course the prefs are stored in the os9 prefs folder.
Your osx LW preferences could be an issue. Try deleting or removing them; found here: /Users/your_username/Library/Preferences/LimeWire

Once LW is open, perhaps you should change the save location if it saves in the same location as the classic LW did. Otherwise it might be using the same downld preferences in which case ... I don't know if it makes a difference or not but it might.

Screensavers have been known to have issues. you could try to disable it at least temporarily to see if it makes a difference.

Ok I've done that search for Incomplete and the classic one did come up but theres nothing in it.

I did another search for the old LW prefs but still came up with nothing.

I've tried deleting the OSX prefs as well and again nothing.

As for the Screen Saver I disabled it and nothing changed.

I have an idea though: What if I were to delete all traces of LW that I can find, would that make a difference?