Jeffreybehr...Yes, my processor is taking the digital data stream from the CD and applying Dolby PL2 processing. That's how Dolby works. I can do this with any disc. But the result with this particular disk is far and away more effective, and the "Dolby Surround" logo indicates that some deliberate effort was made in this direction when the disc was created.
I admit to being a bit puzzled. I could take issue with your statement that "CDs really have just TWO channels"...actually they have one digital data stream, and some kind of processing is always needed to make music out of it. This is unlike, for example, a mag tape recording where there really are two distinct tracks of information.
The bottom line is that whatever they did to this disc is a good idea.