I’ve been playing music professionally for decades and have also spent many years as an overpaid live sound system designer and mixer. I’ll wait for the applause to die down...OK then...note that nearly zero live systems are stereo mixes because that would leave people on either side of the venue hearing a weird mix. I’ve successfully used lightly applied stereo reverb at live shows but that’s it. Something about live music makes this work well regardless of the type of music because the essence of live music is the energy or general vibe of the performer (s) plus the feel of the venue. There’s always a lot of pseudo cerebral blathering about surround being "more real" but do you want Miles playing to the back of your head? Maybe you do...I don’t use room conditioning because musical performance generally takes place in rooms and who am I to deny my great sounding room to these artists? More applause...really...thank you very much.
Immersive Audio and How to Achieve It
100% of music listeners prefer live music to recorded playback, why? A live performance "immerses" you and frees you up to move around the room, the dance floor and still be immersed. The goal posts have moved away from two speakers to an array of speakers all around as well as above you to reproduce the illusion of a LIVE performance. Why, in 2023, would anyone voluntarily use only two speakers to recreate this illusion of a live performance in a large room?
Even the artists themselves are using immersive audio in concert to WOW their audience, why not do it at home:
https://www.mixonline.com/live-sound/venues/on-the-cover-las-vegas-takes-immersive-live-part-1