I don't remember I have seen authors (in CS) explicityl listing the limitations of their approaches. Most of the cases, the approach is presented as complete solution of the addressed problem*. Authors (including myself) usually mention in future work a potential solution of another problem (specifically, a higher level of the problem* being discussed).
Obviously, every method has limitations on the addressed problem. Is it preferable to list the limitations of the method? as I believe the authors are the most knowledgable people about their approach. Also, does "listing the limitations" hurt the acceptance chances of the paper? (I don't think I would be influenced by the fact that they are listed when I review papers, but not sure how other reviewers would react)