I've actually been out of my studio for quite some time because of other obligations and have been using a mix of Reason and Sonar on this computer for small projects but it's given me time to really think through what I'm going to do. I think I may end up selling my VS system and going with a touchscreen setup and possibly a new audio interface. Honestly, I can only see issues down the road with the 700 as Cake has all but forgotten it exists for the most part and when X3 is announced and released, I feel it will be the final nail for VS700 users.
At the moment I've been trying to look up decent large format touchscreens to see if this is even a viable option. While I like that Cake is supporting touchscreens, I feel it may be one of these issues they seem to enjoy putting themselves in where "We've added this new feature. It's sparkly and exciting but it's absolute rubbish when being actually used". It just seems to me like Cake has a very bad habit of haphazardly adding features. I would certainly want to test it and see how well it works before jumping the gun.
The other and more important issue is that I'm not sure touchscreens are where they need to be to make this an option right now. All things considered, touchscreen monitors are still in their infancy. Granted, they have been around for a long time, but they were used mainly in business settings. It's only really the development of tablets/smartphones/Windows 8 that large format touchscreen monitors have become a focus for consumer use. That being said, most of what is on the market right now is less than impressive. Most of them sit around the 100ms response time which is completely unacceptable for this type of work. It would make mixing on a monitor an absolute nightmare. However, early last year Microsoft started working on playing with a screen that had a 1ms delay which was very responsive and stayed right with the finger which would make it a viable option for mixing and working in a DAW. I believe part of that technology was used in their Surface tablet which has below 12ms touch latency (which is bloody incredible for a consumer product), but it would be too small for any real work in a DAW. This video shows the difference and importance of touch response time:
https://www.youtube.com/watch?v=vOvQCPLkPt4 Audio interface... there are tons of high quality ones to choose from. I just need to research that a little more.