Is X3 really installed in "C:\Program Files\Cakewalkx3"?
Is the PC4KExpGate dll is in "C:\Program Files\Cakewalkx3\Shared Utilities\Internal\PC4kGate"?
Does the HKEY_LOCAL_MACHINE\SOFTWARE\Cakewalk Music Software\PC4KExpGate\1.0 exist?
Is there another 64bit version of SONAR installed on this machine? If so where?
Does the scan path in the plug-in manager (not the list in preferences) show the location of the internal folder?
What values are listed in "HKEY_LOCAL_MACHINE\SOFTWARE\Cakewalk Music Software\SONAR Producer\Cakewalk VST\VSTInternalPath"?