Count me in as a fan of the "save all tracks as WAV files, one raw, one with effects and automation." I come from an analog tape background, so I regard saving the raw recordings as the most important part.
The obsolescence thing cuts both ways. In the future, there may be mixers, effects, or whatever that are BETTER than what you used. Having the raw audio files means you can take advantage of new technology while retaining the original performance.
Also I think this was mentioned, but when it comes to virtual instruments, make sure you save the MIDI files and presets you used for the instrument, as well as the rendered track. You may want to do some editing at some point.
As to bundles, I would not rely on them as your sole means of backup because yes, if they become corrupt, you're hosed. But they're very convenient.
Acid used to have a function back in the day where it saved each track as an individual WAV file. I think there are some other programs that do something similar, I'd like to see that feature in Sonar to help automate the backup process.