You neglect to mention one of the most wonderful things about stereophonic and surround sound -- its ability to literally immerse a listener in a field of sound. To construct a virtual (or highly fanciful) replica of the venue where the music was recorded -- whether the process was done naturally or by hook and by crook.
In any event, when I lived in L.A. I'd take my acoustic guitar and fiddle to places like bars & pizza joints and jam with fellow musicians. We'd sit in a circle and play endlessly. Sometimes the establishment would give us free pizza & beer. Sometimes we'd get a few bucks from folks in the audience. Of course, we didn't deserve it, but we never threw anything back, either. Long story short, from our listening positions we enjoyed true 360* surround sound. From left to right to front to back.