I think what @alex tillman is saying - when you launch Cakewalk, and get the Start Screen, you have options to open a prior project, or you can click the tab on the left to start a new project. Usually, there's a list of pre-made project templates (4 track, etc) - those aren't there since the update. I'm having this same issue. I'll attach a screen shot of what I'm seeing.
You have to close out the Start Screen and go to File -> New to start a project, and the project that opens is TOTALLY blank. You have to create the console view, add tracks, everything.
