I should clarify my earlier answer...
Step 1 - Save As... a template to the Project Templates folder e.g "MyTemplate.cwt"
This template now works fine, but doesn't have the pretty image in the Start Screen.
Step 2 - Create the image
Create your image, and put it in the Project Templates folder (named as per the template, e.g. "MyTemplate.cwt.png")
Step 3 - Associate the image with the template
In Cakewalk, load the template and then re-save it (as a template) back to the Project Templates folder (overwrite the existing file).
From here on in, you should see your defined image in the Start Screen