Apparently so: When you start Melodyne Essential
for the first time in a CW project, you are prompted to enter the serial (which you read in the CCC). Having done so, you are prompted to registrate that serial, for which you need to register for a Melodyne account. You fill the form in your browser (which opens automatically at that spot), and you are shown the new version is available for download.
This will be a
.zip file you unpack where you find related files after virus check routine. Then you install it: Just start the installer, Melodyne seems "to know" how it should integrate in your computers structure. After installing, you got to restart your machine. When you launch Cakewalk then, and add Melodyne in a project, you will notice the name will be "Melodyne 4", instead of "Melodyne 2". Upon opening the newly added Melodyne, there will be another message popping up, "Your version is
registered. Do you wish to
activate it?" With more explanations. Of course we all wish to activate our software to make it fully working, so the answer is "yes", your browser will open a site at Melodyne "Licensing", where you have to log in with your Melodyne customer account login, and you find the options either "activate it on your PC" (in my case, for others it could be "activate it on your Mac", maybe), which you select, unless you wish to use it on more computers and have an iLok for it (I don't).
Go ahead. :-)
(I had also been waiting for CCC to get the new version for me. Seems some of us, me included, got the Cakewalk announcement on update rollouts wrong...)
Every now and then I shall try out the new Melodyne version for some experiments to see what it does, and what it can't. You need time to learn it: It is so special, and capable of many crazy wild things.
Best....