+1 for the wave editing right inside the Daw. Be able to knock down peaks so  when you put a compressor on it, it will behave a bunch nicer. Be able to do entire clip gain or clip reduction with a visible change to how the wave form appears. I will also add that I would love to see a mastering solution like Studio One where you can assemble your tracks, rearrange them if you chose, apply final effects, and any changes done to tracks outside of the mastering solution would be updated back into the mastering project. Is that asking to much? You have the power Cakewalk.

Thatsastrat
+1 for the wave editing right inside the Daw. Be able to knock down peaks so  when you put a compressor on it, it will behave a bunch nicer. Be able to do entire clip gain or clip reduction with a visible change to how the wave form appears. I will also add that I would love to see a mastering solution like Studio One where you can assemble your tracks, rearrange them if you chose, apply final effects, and any changes done to tracks outside of the mastering solution would be updated back into the mastering project. Is that asking to much? You have the power Cakewalk.

Yeah I mentioned the mastering in S1 on another thread.  I had a throw away copy of artist and I took advantage of the $99 upgrade to professional on Black Friday for that feature alone.  S1 really has some great features, but lacks in some others (MIDI support is average at best). But I love their mastering suite.  I would love to see something like that in Sonar where you could change track order on the fly, and do entire album mastering.
 
Also I love the S1 home screen, and I'd love to see CW update the home screen in Sonar, seems like it's been basically the same home screen for several revisions.  But having a home screen that has instant access to your projects, interface settings, access to sound cloud, and a built in news feed.  Imagine that, advertising the product within the product itself!
 
I have to say though, I always thought "Studio One" was a stupid name for a DAW.  Now it's "Studio One 2"  and with the upgrade it's "Studio One 2.5".  Not sure how well they thought that one out, but it could have been worse.  At least they didn't call it "PreStudio".

Thatsastrat
+1 for the wave editing right inside the Daw. Be able to knock down peaks so  when you put a compressor on it, it will behave a bunch nicer.

 
I do that all the time. I drag across a section of the clip, and use DSP (gain or normalize). My main use is for vocals to raise the levels of words or phrases that aren't as loud, but sometimes I'll zero in on "rogue peaks" and deal with them. The clip's waveform does redraw to reflect these changes.
 

Be able to do entire clip gain or clip reduction with a visible change to how the wave form appears.

 
If you do that with DSP, you will see a visible change - but not with automation clip gain, which would be handy. I don't expect to see that in X3e, though, I think it's pretty deep down in the code.
 

I will also add that I would love to see a mastering solution like Studio One where you can assemble your tracks, rearrange them if you chose, apply final effects, and any changes done to tracks outside of the mastering solution would be updated back into the mastering project. Is that asking to much? You have the power Cakewalk.

That particular feature of being able to have mix changes reflected in the mastering page is really, really deep in the S1 code. The program was designed around that paradigm, I think in large part because CDs were still a major distribution platform at the time. As a DAW I prefer Sonar, but use S1 as a replacement for Sony's CD Architect. It's not a big deal for me to make any changes to a mix in Sonar, then drag the mix into S1 to assemble a CD.