Hi there,
sorry for "taging along" on this thread, but I am having exactly the same problem, albeit with a different setup. I am running Cakewalk PA 9 on a Sony Vaio laptop. I switched every single possible culprit out (i.e. no onternet connection, no anti-virus software, etc.) and I still get dropouts every minute or so and these are driving me nuts!!!
I keep reading about "changing the driver mode seting", but there seem to be no such option on my Cakewalk interface anywhere. As far as I know the drivers are OK.
Before simply ditching Cakewalk and relying on something like Audacity whenever my recording project involves audio recording, could someone shed some light on possible causes? Just like the original poster, I am dumbfound to find that Cakewalk is the better siftware and gets ditched by so many users because it is so damn hard to get it to work in the first place. I understand that it is more complex, etc., however the level of knowledge required to make it run (i.e. advanced knowledge on system's configuration) is keeping me away from it. Sorry for the rant, but this is endlessly frustrating!