http://www.cakewalk.com/Products/SONAR/Upgrade/new.asp
Below are some of the key new features:
PSYN™ II subtractive synth, Pentagon™ I vintage analog synth, Roland® GrooveSynth™, SFZ SoundFont sampler, RXP ™ REX Player groove box
Pure Space™ Convolution Reverb
Updated MIDI FX plug-ins
SONAR 5 ships as both a 32-bit and 64-bit application with the 64-bit double precision floating point engine being accessible in both versions.
BitBridge™ enables 32-bit VST effects and instruments in SONAR’s 64-bit environment
Roland® V-Vocal Variphrase™ vocal editing technology
Track Templates and Track Icons
Native VST support now built into SONAR 5
Enhanced Track Layers for even more comping and editing power
Integrated inline audio and MIDI editing, arranging, and mixing all in one view
MIDI sequencing enhancements including advanced step recording
Plug-ins and Edit views may be docked and tabbed right in the Track View for easy access when arranging, editing or mixing your project
Envelope automation drawing enhanced with tempo-sync patterns, freehand, more
Object-oriented clip-based effects and editing including per-clip effects bin, clip-based effect automation, and more
Enhanced Group Editing and Group Manager
Remove DC offset during recording
Bus and synth waveform preview to give you the visual feedback you need to fix it in the mix through markers that display overs and peaks
Video output to 1394 FireWire devices for high quality viewing with lower CPU and disk usage
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