Kylotan
I do feel your pain. A lot of my creative days have been like that. Here are my suggestions for you, tips I learned the hard way.
1) Update to Platinum. Yes, I know we shouldn't have to pay extra to get bug fixes, but it is currently a fact of life. I had lots of crashes on 8.5, quite a few on X3, but only one in several months of using Platinum. (Yes, there are other bugs you get in exchange, but at least there is the prospect of them getting fixed; the bugs you have in X3 are going to be with you forever.)
2) Record latency is almost always down to 1 of 2 things: (a) your ASIO driver settings, or (b) a plugin you added. You can check the first in seconds and the second you can try and keep an eye on as you edit your project. The worst culprits for latency are convolution reverb/simulators and linear phase EQs, both of which tend to need to buffer up a lot of audio before they can start acting upon it. Get to know your plugins and watch for latency changes.
3) Don't run virus scans during music operations. If something is going wrong in your DAW then 99 times out of 100 it's a problem with plugins or settings. Viruses have better things to do than interfere with your music software.
4) Try to stick to 64 bit plugins. Bitbridge is a decent piece of kit but VSTs were designed to be run in-process without a middle-man trying to pass data between them and the DAW. With X3 probably half my crashes were related to various 32-bit plugins, and even now most of the problems I get with any plugins (especially those that don't initially make any noise at all until I change a preset) is because they're 32 bit and hosted in Bitbridge. Try to find replacements if necessary.
5) Try to do maintenance tasks at other times, not when you're trying to be creative. By that I mean organising your plugins, creating templates, etc. Then hopefully you can get straight down to business when you need to.
6) Clean up your computer. I don't subscribe to the "only use the PC for audio" belief - a desktop computer set up properly is capable of performing pretty much any task you throw at it. But be aware of competition for its resources. You may need to close other apps while working with Sonar, and you may need to ensure fewer background processes are running. Some people see a benefit by switching off wireless cards or other network drivers (because they can compete with Sonar for rapid CPU use). Similarly, programs like Flux compete for the graphics card, Crashplan competes for disk access, and so on.
Good advice. But I totally disagree with (6), the specific point that you should be able to install other software... You can of course, but the less software you install the better it will be. Every qualified IT pro should know this.
Software has dependencies and can screw up other software dependencies. If you want a reliable DAW set up then use recording software on one windows installation only, and other related apps. Avoid installing office, counterstrike, flappy bird, visual studio etc. Also if you can avoid upgrading windows, do a clean install.
What I do is multi boot to other windows partitions. I have one dedicated to audio, business, software development, linux, and general windows crap such as games and trials which I hardly use (that final partition btw is not surprisingly the least reliable).
All windows partitions have virus scanners installed, however they all share the same data drives.