Since the 32 bit version does not install directly from C3, there had been some concern that the license might not renew properly.
Well, my second payment was acknowledged by email from Cakewalk on Feb 21.
Sonar sailed on, no prompts, hiccups, or other unsavory behavior.
My machine is online, and the process happened quietly in the background.
If your DAW is offline, your experience will be different, but I suspect that most people who can afford a dedicated DAW would not be likely to opt for the payment plan.
Anyhow, I just thought I'd share the good news.

+1

Xclnt Robert.

I'm happy, and hopefully this puts some of the guys that are on the fence at ease.
You know, when the company I work for "improves" software, it generally helps them and makes things harder for us.
Cakewalk seems to be focusing on making the software work for us. This is refreshing, and I have to commend them for that.