Can you insert the Perfomance Module into the Control Bar in Sonar and let us know if anything is maxing out?
To do this right click on the Control Bar > Modules and then select Performance (you may have to select it a couple times before it replaces another module or you could just remove a current module to allow room for it).
Usually when I get audio stops my HDD icon flashes red indicating my Read/Write buffers need to be increased.
But check it out to see what's up first. You CPU ain't the fastest but you should be able to get a reasonable amount of low latency without problems.
Are you using ASIO? I notice you are using a firewire interface (I think). Do you know if you have a Texas Instrument firewire chipset (if you are plugged straight into the motherboard then the chipset would be on the MOBO and many MOBO's don't have the TI set). You can buy firewire cards with the TI chipset for relatively cheap and they can help things.
In the meantime if all else fails you could set up a new project (or use your test project) to have the same settings/tempo/etc as your current project, export a stereo file of the whole mix, import it into the new/clean project and then record your track into that. Then when you are done import the track into the original project and turn your buffer back up.
You may want to look up some performance tweaks for your system as well. Lots of info about that stuff here on the forum if you google around the site.
Cheers.