You should read the info here
http://www.cakewalk.com/Products/SONAR it explains about the versions and what you get.
Forget about the X versions unless you go buy one in a box from a store.
The names have changed and PLatinum is the highest version now.
I would start with Artist to see if you like it as they will then send you offers to upgrade at a better price than if you do it outright. There's nothing to lose now with the monthly plans for owning it outright and the many ways you can deal with paying for it.
I saved over $200 by slowly ugrading from X1 LE ( free) to X3 Studio ( $99) , to Professional ( $99) and now PLatinum. ( $199 ) And I still have all those other version on hand that I use on othe computers.