I'm sure there are many here that can speak with authority about the Sansui but google/Wikipedia says it's a form of matrix decoder, so is looking for phase differences in left and right.
Panorama slicing would describe splitting the stereo mix into zones or slices, and routing those to the different 5.0 channels.
SpecWeb and Penteo could both be described that way. SpecWeb is (mostly) based on the magnitude (vs. phase) in the left and right channels (for SpecWeb, in the frequency domain). I don't claim to understand the math in Penteo, but I believe it is based on both magnitude and phase (also in the frequency domain).
Matrix decoding is going to depend on the stereo being intentionally matrix encoded, else all you get is sort of ambient sounds, that are out of phase with the dominant instruments being put in the rears.
SpecWeb and Penteo work from stereo panning, which is a part of every (modern) stereo recording (vs. early stereo where things were only in one channel or the other - see early Beatles etc.)
Also they make separate channel assignments on a frequency basis, vs. in the time domain like a matric decoder. Imaging a graphic equalizer with 8192 faders. At any given moment an independent channel assignment is made based on a L R comparison for each of those 8192 channels.
Does that help?