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Steinberg Cubase 5 vs. Cakewalk SONAR 8 Producer Edition

I'm looking to buy some recording software along with a computer interface. My comp is fast, no problems there. I'm thinking about a MOTU 2408 Core MkIII PCIe interface. That leaves me with about a $600 budget for the software. I'm thinking Cubase 5 or SONAR 8. I will mostly record band audio (drums, bass, guitar, vocs) but will also do my singers side project hip hop stuff.