i'm with you johnnyv, but not everyone is, and the point i was trying to make is that users aren't encouraged to do it any more, rather to just use the (that word again) convenient search function

Ahh, good show. Well since day one it's drove me nuts that Software save functions are invisable to the user. I think 90% of users just blindly hit save and hope that the document shows on the list. They have actually no clue exactly where the file is. So things can get lost. 
 
At work ( hospital) we use client machines with small HD's. The idea is you store stuff to the server "F" drive in your departments given folders, not locally. You can access your files anywhere in any Hospital from any client machine.  Every once and a while they might come around and swap out your client machine. 
My work mates freak out because they had been saving locally, even though they are told over and over not to do this, but the fact is, they have no clue how to deviate from the default C drive My Documents folder. 

Always make note of the folders you save files to because if you save to a temp or tmp folder, Windows will erase it on the next reboot.

FWIW, you can also do a search for "*.cwp" and order the results by date once Windows has done its thing. I have flubbed and opened projects to use as a template, saved with a new name, but left them in the original project folder. A few months later I forget where I left it.

johnnyV
best practice of document housekeeping has been superseded by the search paradigm 
 
We each have our methods. 
 
I was also going to mention that you need to be careful of the practice of opening your projects from the drop down list. If you only have one version and copy of each project ( real bad idea) then this is not so much an issue. 
But if you are doing a good job of backing up, you will have more than one copy and most likely on a different drive.   
You could end up opening and working on a project that is not the original, but the back up file.
I always OPEN and browse to the correct folder and working copy of the project for this reason.
I have Sonar set to OPEN at the root of my Project Data drive.  

Whatever works for the individual gets my vote.
 
I rely on the drop-down list, and it never fails me, or I open the project manually from the Cakewalk Projects folder, which also never fails me.
 
The reason neither method fails is because when I work on any project, I manually copy the entire project folder to a backup location, AND rename both the backed up folder and its embedded cwp project file, so that there is no mistake in getting the name wrong on a subsequent open.
 
So, for me, I never get the names or locations wrong - they are always in the same place, and always have the proper name.
 
Bob Bone
 

Sort of what I do. I only use "Save as"  to make alternate versions now. My back ups are - copy the entire album folder to my data drives. Drag and drop.
Each album folder is re dated, but the song ( project) folders inside do not get re named.
Windows dates them anyhow, and I have never had to go back and retrieve these backups.  
Right now for this one client there are about 12 versions of the album folders each with a progressive date going back to July on 3 back up drives, internal and external. 
Only the most currant work ( projects) are on my working Data drive. 

Sure - as we had pointed out earlier - whatever works and makes sense to the individual is the key - AND making sure to follow the process, whatever it is.
 
Scar tissue is nature's way of letting you know you learned something the hard way.  Ripping that scar tissue open anew is nature's way of letting you know you still have some learning to do, and that the lesson that produced the first set of scar tissue was apparently not painful enough.
 
Bob Bone