Well sadly the same thing happens. The problem is in the rendering process. And again sadly it is a Cakewalk issue because I tried it in Ableton Live 8 trial and it is syncing up perfectly. Urrrgghhh. I guess I'll be working in Ableton for a while. I like it ok but Sonar is better for me. I wish Cakewalk support would get back to me. Oh well... at least it's not a complete loss.
If anyone comes up with a solution please let me know.