Thanks Bruce - very helpful!
I think this is what you're looking for:
https://www.cakewalk.com/Documentation?product=SONAR&language=3&help=FileManagement.5.htmlThis shows how to change the location of the single global audio file, but I didn't see how to re-capture the audio files to their proper audio subfile within each project folder.
So what would be the benefit of having all audio files from all projects lumped together in a single global folder - why is this the default now? At least to my way of thinking, it makes more sense to have them all in their own subfolders for each project - whether those audio subfolders existed in a global audio folder, or within an audio folder within the project's folder (as used to be the default.) But I'm not seeing the benefit of dumping them all in one place...