msmcleod's reply sums it up very well. Simple instrument tracks trade versatility for convenience. They exist only because users griped that other DAWs had them, so SONAR should, too. CW said OK, here ya go. Most of us initially gave them a try and quickly returned to the old way of doing it.
Easiest way to deal with multi-timbral instruments is to create one or more track templates with predefined MIDI and audio tracks, optionally pre-routed to an aux track, and optionally pre-loaded with your favorite instruments. Once you've done that, it's just a couple clicks to drop in even a very complex setup.
I do this for big, complicated instruments such as Superior Drummer and Kontakt. In the former case, the template contains a drum MIDI track with separate mono and stereo audio tracks for kick/snare/toms/OH/room, SD3 loaded up and everything pre-routed within the instrument.
If your track view is too cluttered, put MIDI and audio tracks into separate track folders. Since you're normally working on one or the other at any given time, you can just collapse the tracks you're not using at the moment.