I have a project that I'm happy with, so I've decided to save it as a Project Template, using the 'Save As' function. In this case, Save As 'Template'.
When I open a New Project, and select the Template that I saved, all the Audio Data from the project I used to create the Template from, is still there. It was saved as Template with the .cwt suffix added, and saved to my Project Templates folder location. I repeated this a few times, to make sure that I had correctly followed the procedure, and as far as I can tell, I have.
Any clues as to what's going on?