Hi, confirming same issue with my Elements. I found not so fair to get 100$ DAW without possiblity to convert a midi track to an audio, especially when I can route my soundcard lineout to another waveeditor and record it simply.
I even use Sonar Artist and for the same price it offers much more and bounce track with real-time or fast way.
I was curious to try the last version of Cubase to check differences with Sonar but I discovered I’m a bit disappointed about this matter. The two DAW are pretty the same, maybe a bit better asio driver for Cubase and a faster freeze option. Sonar requires to convert VST-midi output track to wave to freeze and free memory.
Gz Steinberg