I will most likely submit this problem to Cakewalk, but wanted to run it past you all first. The problem is that custom clip names within the Track View disappear, or are partially hidden (i.e. broken, non-highlighted, non-active, whatever). Please note the name does indeed show up in Clip Properties in the Inspector, as this is also the place where I renamed the clip accordingly. All other, automatically generated clip names seem to appear OK and behave well.
See my GIF animation to see what I'm describing. The result as shown occurs when I move my mouse cursor around the clip. The Now Time bar is the solid-white line to the right. Not really a huge deal, but it's more annoying than anything.