Originally Posted by
treadigraph
"Lim" is how I always understood it to be pronounced.
I've known both "lim" and "lime" and this limerick seems evidence for the latter:
There was an old fellow of Lympne
Who married three wives at one tympne.
When asked "why the third?"
He replied "one's absurd,
And bigamy, sir, is a crympne."