I talked to Cakewalk Technical support today (via phone) and the tech didn't seem to have a problem with X1 being installed on the D: drive. But (on the other hand), he couldn't tell me why the error was happening. So, I've got that going for me.
As Sherlock Holmes used to say, "It's the C: drive, my dear Watson, the C: drive."
Thanks again to all of you.
Take care.
-Jeff-