Thanks all. I forgot to include some important info in the OP:
- SSD4 EX is empty (no drum kit loaded)
- Kontakt 5 has just one instrument in it (a 33MB RAM temporary drum kit that will be replaced by a huge, NI drum library at some point)
- 1st instance of Kontakt 4 contains only 4 instruments (about 127MB RAM in total)
- 2nd instance of K4 contains 12 instruments (but only about 140MB RAM in total)
- M1 is very CPU/memory-friendly
- The ASIO buffer setting I usually use is 128 samples (Input Latency: 4.0 msec, Output Latency: 8.1 msec)
- Project's sampling rate and bit depth are 44.1kHz/24bit
Still, my system is probably a bit weak as Paul suggested. I think Cakewalk should list not only minimum system requirements but also recommended system requirements in the product page.
As for track templates, I've never really considered using them. It's maybe because I use multi-timbral/multi-out synths a lot and adding instruments "as needed" inside Kontakt or M1 is not so easy (and I don’t want to use several instances of these multi-timbral synths having just one instrument each). Also, the 30 MIDI tracks consist of varieties of instruments I use most often, which is convenient because I can just open the project template and start composing immediately, whether the part I want to record is acoustic piano or electric piano or synth bass or electric bass or something else, because they are already there ready to be played. And my MIDI keyboard controller’s 8 sliders are already assigned to each group of instruments, so if I want to adjust the volume of a particular group of instruments, I just tweak a corresponding slider (1st slider for drums, 2nd slider for basses, etc.)
Anyway, I’ll consider if I can reduce the number of synths/effects, or come up with a workflow that doesn’t need to use screensets. I think screensets are Karl’s favorite feature in the X series, but the feature has never been a good friend to me (after switching screensets, track heights are often not the same as those that were saved (and locked) with the screenset).