Hmmm, I do have manual scan set, so tried a full scan of existing, but still didn't work. The other thing I am not sure if is applicable is I launched from the browser, then saved with new name... but if I load a set, only that name and "Platinum Effects" are visible. There is no "Default All Plugins" set (the one I edited from the browser), so not sure where to find it. I am wondering if that default one is write-protected. When I open from the browser and hit "Save" it prompts me for a new name rather than overwriting where it is coming from.
Edit: I did a search for *.pgl and there was a file "default.pgl.tmp" in the C:\Users\[username]\AppData\Roaming\Cakewalk\SONAR Platinum\Plug-in Menu Layouts... I renamed it to lop the .tmp off the end, so it shows in the list and opens, but the VST2s are still grey.
I then deleted it, and SONAR created another when opened (default.pgl.tmp), so is reading it from elsewhere.