I'll add some to what Chuck wrote.
1st, I always think of it as what the *source* is vs the type of *speaker system* the source is being played through. It is true that there are no 7.1 sources. There are only a few 6.1 sources: DD EX and DTS-ES. For DD EX and DTS-ES *matrix*, the rear channel is matrix derived from the surrounds. For DTS-ES discrete, that rear channel is discretely encoded into the soundtrack.
In *most* 7.1 speaker setups with accompanying processing, the 2 rear speakers signal are identical, meaning mono. However there are exceptions:
1) Logic 7. Logic 7 (quoted elsewhere) uses the steering available across the fronts to apply slightly unqiue signals to L & R rears. Non-mono. BTW, Logic 7 has different implentations. Lexicon is the best, and includes Logic 7 for stereo and 5.1 sources to get you a 7.1 soundfield. All H/K receivers (except for the 8000), only have Logic 7 for stereo sources: more like DPL-like processing, but still non-mono rears. The 8000 also has Logic 7 that can be applied to 5.1 digital sources, but it is not as tweakible as the version that's on Lex pre/pros.
2) THX Ultra2. Also non-mono rears, "decorrelated" whatever that means.

(I think it's a small phase difference that's applied to the rears.)
3) The Rotel 1066 pre/pro with it's xS modes also get you non-mono rears.
One more example, just 'cause I'm familiar with it, the Outlaw 950 has CES modes which expand 2.0 through 6.1 sources for playback on a 7.1 speaker system. Mono rears, but nicely implemented.