Boston, MA (June 21, 2005)--Cakewalk has announced the free 2.0.1 update for Project5 Version 2. Project5 Version 2 provides a complete set of quality instruments and effects; powerful recording, looping, sequencing, and arranging tools; dynamic creation tools; and the ultimate open synth host. The free Project5 2.0.1 update is now available for download at www.cakewalk.com.