Thanks to everyone who responded. I've been away all day and have the following answers to questions:
1. Re: system specs, I'd have to look but it's pretty fast CPU, 16GB RAM
2. MP3 to WAV conversion occurs very fast when importing
2a. The first time I tried a straight WAV file it seemed Sonar had locked up since it had been 27 minutes with not even 75% conversion, but the computer light was running; the second time the WAV file took the same amount of time as using the mp3 conversion.
3. The process in both Sonar and S1 is to either right-click in the clip and choose Melodyne, or CTL+M (no difference in speed of Melodyne)
4. The test file was on the C Drive (Desktop) of a 7200 RPM high-quality drive
5. Antivirus is on the machine (we 99% of the time is not connected to the 'net) -- azslow can you explain a little better how to exclude it for the purposes of using Melodyne, and I can then compare again?
Thanks again everyone.
Steve