The new update does nothing to solve this problem.
There seems to be something a little different about just adding an audio track to a blank project and setting the input, than doing the same thing in a template.
Any of the BIAS amp/FX products do not record the first time if added to the track. Any time other than the first time seems fine. I have not tried too many other effects to see how they react, but most seem good.
It seems like it may be a bit of bad behavior on the part of BIAS but I don't think Cakewalk is reacting to the problem very well either. It would be far kinder to give you an error message than happily pretend to record your track, which it does now.
The same behavior is in Sonar X3.
It would just be nice to have a template starting up with all your instruments having inputs and tracks, ready to go, but it doesn't seem that this is 100% reliable.
Otherwise, what a great program!
AMD A10-5700 8Gig, Win10, CbB, Focusrite 18i8