Hi gang,
 
After recording a few clips and saving the project as NORMAL,  I noticed that when I checked in the audio project folder that the audio clips were being saved as WAV files.  Is this normal?  Is this the correct format when saving as a CWP? 
 

the audio is indeed saved as a .wav file
 
T

With the default settings, you will have a separate folder for each project you create and the audio folder for that project will be a subdirectory. This is useful if you want to play with those audio (wav) files in another editor or such, since you can find them.
 
Edit: The "bundle" option will embed all of the files for the project into a single file, which is useful for sending "everything" to someone else, but is not preferred for projects you work with on your machine.

The CWP file is the overall project file for the project you have open.  .wav files are the individual audio files you have created within that project.  For example, when you set up your Normal project, the name you give it becomes the .cwp file, which will reside within a folder with the project name.  Also in that folder will be a subfolder named Audio which will hold the .wav files for that project.  

Thanks for your input gang.
Sure appreciate it!