I'm aware of the issue that auto-recovery will pick a backup that was not your latest backup (and therefore, you loose work). But I've never had that issue because I've never seen auto-recovery actually succeed at all, ever. You get that? That's a 100% failure rate. Any time I've ever attempted to utilize the auto-recovered session, the recovery process ends with an error dialog which list files which could not be found and the list then contains every wav file that is part of my project. I've been working with Audition for 2 years now and never once has that feature succeeded. But, since others complain that success ends up with an old session, I conclude that it must be successful for other people.
So, I'm just wondering how many other users out there experience that auto-recovery failing to find any of your wav files?