Worth mentioning because I'm not sure a lot of folks understand how it works.
If your using per project folders like you should be,
It don't matter where your project files are stored.
I Keep some projects on C drive and most on my second E drive.
There is the default path where Sonar goes when you go to the "open" dialog.
You need to change this if you move your folders to a new drive or location or it will always return to the default.
But you can browse to where ever you want and open. Until you close Sonar it will return to the place you were each time you use open.
I think most importantly is the audio is streaming in and out of your fastest, cleanest drive.
I sort of agree with Wayne, if your C drive is capable and you use your other drives for regular back ups you could get away with 1 big fast drive.
I like to keep data separate in case C drive needs a re do.