Thanks, that does help a lot (I could find nothing like this on the Cakewalk sales page, where they list all the various features of each product). It's also VERY misleading, since the Region FX is definitely in the menu (just grayed out). Would have stopped me from pulling my hair out.
However -- it begs the question (and perhaps you can either point me to that particular Sonar help page, which I cannot find, or just answer this): does the next version up of Sonar (Sonar Artist) offer this? I don't want to spend a tiny bit more and keep getting frustrated.
And here's the page I was on that does NOT show this feature missing:
www.cakewalk.com/Products/SONAR/Versions