I saw something stated that they intend to get around to the Cakewalk instruments sometime after the DAW launch.
But no timeline for the Cakewalk instrument support, or future roadmap for them has been announced yet.
From what I have seen so far, I doubt they intended to shut the legacy activations down. We have been assured that we will be able to install and activate the products we already own, as BandLab owns the servers now. We are supposed to be able to install and activate our legacy Cakewalk products.
http://forum.cakewalk.com/FindPost/3731449 As the transition is still a work in progress, I would keep checking periodically, and hopefully you can get activated again.