Yeah I found that tip via Google, I've already tried renaming it but Sonar just started up without doing anything, it just silently recreated it without going though the rescan process.
btw scratch the MIDI keyboard error, for some reason all my midi track inputs got reset to my Saffire Pro 24 after the update instead of using any available input so that's why my KX8 didn't work anymore.
Still got the huge lag problem, I've been thought the preferences, tried switching from ASIO to mmc and back but that didn't help.
I'm thinking Sonar got confused about reported delay compensation somehow, it says 384ms and that's why I have this huge latency now.
I'm hoping if I find a way to rescan the audio devices that would get cleared up.