I have also been getting more involved with BandLab, and I can definitely see potential through this platform. I'm even starting to steer clients there to get exposure, feedback, network, etc. There are some things I really like about it. I've been checking here to see if anyone has had any breakthroughs that I can learn from....seems like everyone is as unclear as I am on "what to do now".
I do think there needs to be more guidance on how to use the system as I'm still not sure what I'm supposed to do or how to correctly do it....seems kinda wild wild west right now, but it sounds like that will get worked out in the future with video guides, faq, etc.
Regarding the T/Cs, as others have mentioned, all social networks have similar verbiage and it's always important to protect your work first and foremost before posting if you're concerned. Personally, I have posted songs without protection fully knowing that I am shooting myself in the foot...or at least aiming a loaded gun at it! <--- If you're gonna be that stupid, at least be honest with yourself and not blame the medium.
@Meng....do you think you can share with us your ultimate vision of how Cakewalk and Bandlab can/will work together in the professional environment (from production to release), and how us new users can make the most of Bandlab?