I can confirm with
100% accuracy that X4 was not released yesterday!
I've seen this scenario a zillion times before at software companies. They create deadlines and milestones but the fact is that unlike hardware where at some point you have to commit to tooling and turn raw materials into finished products, software is highly malleable. If you recall when X3 was released, an update was available before the DVDs hit the stores. Releasing software is a juggling act of QA, feature-freezing, bug-fixing, resources, engineering talent, and commercial considerations. Any of these can speed up or slow down the process, but I have confidence that Cakewalk wants to get things right as well as break new ground.
What I recommend is to keep enjoying X3 and learning its fine points. The success of the "Tip of the Day" thread showed there are many little hidden gems inside Sonar and not everyone's aware of them. There are also some great expansion packs and such...several months ago Cakewalk let me go on a shopping spree to check them out, and several of them have now become staples in my music production. (FWIW I just finished one that's slated for release sometime this month. It takes the same approach as the EB5 pack in terms of being as natural and unprocessed as possible so you can bend it however you want.)
I actually have no idea when X4 will drop. I'm not saying that in order not to violate an NDA, I truly have no idea (and yes, I have asked). Meanwhile, I'm making music with X3e and definitely not feeling underprivileged