What I'm talking about is recording the
performance of a VSTi so that all of the nuances of your performance are recorded in real time.
If you set an audio track's output to a soft synth (as you would normally when creating a synth track), the
record button disappears. Cakewalk, in their eternal wisdom, decided that nobody could possibly ever want to record a soft synth. I know we can record a MIDI performance and parameter automation and bounce it down to audio (or freeze it), but that's not what I'm talking about. There are some VSTi parameters that
cannot be automated, for instance a lot of the groove ensembles in Reaktor have buttons and parameters on the GUI that cannot be mapped to a controller. For instance, I'm using one now (Limelite) which has solo/mute buttons for the various drums. They cannot be mapped to a controller, and I really need to be able to turn these on and off on the fly to record a performance. There are loads of other reasons why someone would want to record a VSTi performance directly to audio as opposed to bouncing down a MIDI performance.
I know there are various workarounds, like using a wave recording plugin. But come on Cake...this seems like really basic routing functionality that should have been fixed years ago.