tripod,its all about back to basics.
first, when deleting aud.ini you should have nothing plugged in to your usb ports and exited from sonar.
basics- I find when im knee deep in a problem , I start with the basics, lets do it!!
1-open up sonar, go to preferences, make sure you quad capture is selected under playback.
2- in preferences under drivers, make sure ASIO is selected,(you have installed the drivers for your device?)
3-start with one basic track and record a test rhythm for about 30 sec./add another track of the same instrument and see if you have latency? you shouldn't, not with 2 tracks anyway
sometimes its the simplest things like driver mode was switched somehow(not likely, but it happens)
if your using a certain synth or audio plug in, try another one.it could be just that plug in or synth.
if it is a synth, check your preferences "midi devices" just eye scan it to make sure everything jives.
I don't think the prob is as bad as it appears, probably something simple we are just overlooking.
think basic and outside the box not in it :)