Hide LimeWire?
 

Is there anyway to hide limewire only from the system tray?

That depends on your OS- XP has the ability via the taskbar properties, or get a little freeware program called traysaver here: http://www.mlin.net/TraySaver.shtml

in XP, right click on the task bar, choose properties. At the bottom, click Customize, beside the Limewire icon click Always Hide. This will always hide the icon from view, unless someone's looking for it. ;)