Thanks, Craig! Glad to hear your positive impressions of Meng! Reassuring. He seems like a great guy indeed, and maybe even a bit visionary if he can pull off his ambitious goals!
I hope you're right about the overall pleasant surprise we're all in for. I'm not saying I'm skeptical, but I am going to take my time to see how things evolve. He's executing a unique business model and for me, a DAW's long-term stability and progression is very important. If I'm going to invest my time and creativity to building my music in it, I want to know if it's going to be around for a while, and more or less what I can expect (while also understanding market pressures and changes can sometimes be unpredictable). How Meng eventually evolves Cakewalk matters -- if he goes the direction of profile building or ad revenue, for example, it will be a huge turn-off. Likewise if he sacrifices stability and bugfixing, or decides to no longer invest resources for professional users, it will be a problem for me personally. But if Meng follows through with the passion he's talked about (and I have no reason to believe otherwise at this point), then he has the potential to have a huge impact on the industry.
However, I do think that other DAWs in the lower-price category are in for a rough ride though. They'll have to come up with a value proposition that convinces people to spend money vs. just using a very powerful, free alternative in Cakewalk.
BTW, I did see that you posted in some other thread or forum about the idea that you think that DAW users are going to adopt more DAWs in their workflow, and that other DAWs are going to start specializing again, after a long period of convergence. Correct me if I'm wrong. Very fascinating. Can you elaborate more on that, and how you think Cakewalk will evolve? I know you can't divulge inside information, but you obviously have a basis for your theory, would love to know more. I think it's very relevant to this thread, and also the general idea of changes in the DAW market overall, especially re: Cakewalk. Maybe Meng's approach is the tip of the iceberg?