Yes ,you choose during the instalation if you need :
vst ,2or 3 and/or 32 / 64 bit.
Sonar is not official supported by Waves,
but you can find many Sonar users running Waves Pluggies.
A pitch-correction like Waves Tune you will like for live situations
and slight correction in realtime.
A tool like melodyne works not in realtime and with bigger buffersizes
like 1024 samples .It´s not possible to use it in real time, but you can
manipulate the voice much more and precise in intonation and timing.
Melodyne is used in studios for vocal editing.
If V9 is not supported byMC 7, V8 should work.