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Ace, check out this thread.
http://forum.cakewalk.com/tm.aspx?m=1869987
 
Also, you can paste more than one image in a thread, and if you go to your Cakewalk profile page, you can enter your computer data and anything else you want to add to your signature, so it's always there.
I think the above link will help.

Did I write that? I believe MC 4 is 64-bit compatible, but 5 is not...
Okay. Open a new project with the template Blank, No Tracks. Name it "My Template" or other name you like.
Add some MIDI and audio tracks and buses, as many as you want in a normal song. I start with 9 audio and 9 MIDI, with 1 Master bus.
Click a MIDI track. Depending on what you use to hear MIDI, selct the appropriate MIDI output. I just use my Yamaha keyboard, so I choose my MIDI output, which sends the data to the keyboard to play. Since it seems like you're using your keyboard to record live bass lines, you may want to insert the TTS-1 soft synth and set the MIDI track's output to it.
In the MIDI track, set the channel to 10, output to TTS-1. Then go to the top, click Views>Piano Roll. Select a note duration, 1/4 note works. In the snap-to grid, select a resolution of 1/4 note. Click the brush tool button. Now drag the brush through a measure starting at the first beat in the bass drum line. Just 2 beats, boom boom. Then go to the snare lne and brush in 2 more beats so you get a boom pop boom pop beat. Then in the high hat line, put 4 beats in. That gives you a basic drum beat to record to.
Go back to the track view by closing the Piano Roll View (PRV). You'll see the clip you just clicked in. Right-click the clip and select Groove Looping. The edges of the clip will become bevelled to show it's now a Groove Clip. Then grab the left edge and drag it out song length. You now have a metronome to record to, and you'll be able to hear it better than the regular metronome.
Now click the close button and it will ask you if you want to save it. Click Yes. Now whenever you want to start a new project, you use that template to start with, and the drum beat will already be set up. Groove clips follow the tempo changes you mah=ke, so even though the original templat may have had a tempo of 120, you can change it and the drum beat will change as well.
Once you finish your new project using the template, click the save button and give it the name of the song, or anything but My Template, and save it it the Projects folder, not the My Template folder. That way both the new song and the template will be there for you to work with later.

Ok. I think that's exactly what I need to do.