Thanks Scook, but I had tried that previously and found no grayed-out speaker icons...
In fact, I can see the INPUT LEDs light up when I play any one of the two MIDI-connected keyboards.
Funny though, one INPUT shows up correctly in the MIDI Devices preferences page, but no corresponding OUTPUT!?
Also, the MIDI device icon in the task bar lights up, but only for that one INPUT.
And I've tried moving from one port to another, but no success there.
I am wondering if there is a compatibility problem between M-Audio MIDI interfaces and Sonar...
Thanks anyway!