Noel Borthwick [Cakewalk]
Perhaps more impressive than backwards compatibility is forwards compatibility - for the most part you can open even brand new projects in earlier versions of the software dating back to 10 years ago. The newer feature content is discarded but the main clips and envelopes etc should load fine.
The first time I noticed this, it blew my mind because just about every program throws an error message along the lines of "This was created in a newer version, you need to upgrade." The forward and backward compatibility have made collaborating with other SONAR users a piece of...uh...cake.
And let me add my heartfelt thanks to all the people at Cakewalk. As any forum regulars know, I was using SONAR by choice long before the Gibson acquisition. I of course realize that different people have different needs, but for me, SONAR's strength is that it can handle such a wide variety of projects - I do narration, songwriting, audio-for-video, remixing/groove, live performance, library creation, and just regular ol' recording - SONAR can deal with all of them.
No product is perfect and there will always be room for improvement. What I like most about Cakewalk is that the company is constantly striving to make those improvements. Just seeing the difference in stability and functionality between X1 and X3 speaks for itself.