Ah, I found a helpful article from Dolby.
http://www.dolby.com/assets/pdf/tech_library/38_lfe.pdf
This emphasizes the difference between subwoofer and LFE. They also explain how it was a compatibility hold over from 70mm film days and has some modern use in theater setups.
Dolby says that even if information is in the LFE channel, it is not necessarily reproduced by the subwoofer.
By specification, a crossover should work both ways so to speak. Low frequencies being rolled off from the main channels should be redirected to the woofer. Higher frequencies being rolled off from the LFE channel should be redirected to the main channels.
Sounds that are in the crossover range should likely be encoded to specific channels (allowing the crossover to roll off some of the sound to the woofer). If sounds in the crossover range were encoded to the LFE channel, then the upper frequency portions of these sounds would need to rolled into all 5, 6, or 7 main channels, which would be quite odd.
So a couple things here:
1. A processor or receiver *should* place rolled off LFE frequencies into the other channels (LFE is NOT equal to woofer)
2. A good encoding should use the main channels for most anything in the crossover region since at least part of the sound will not be played by the woofer.
If your receiver or processor does not do #1, then I'd feel cheated. Perhaps this is part of THX certification? Anyone know how to tell this before you buy it?
I could see an encoding using the LFE for frequencies 50Hz and below, with the sound engineers assuming these sounds are all woofer territory. With an 80Hz crossover, you would not hear much at all from the mains at 50Hz. However, with a 60Hz crossover, your main channels will clearly play back part of a 50Hz signal. Of course, if all is done properly, you will not lose any sound. You will just have portions of that 50Hz signal played back by multiple main speakers instead of 1 or more woofers.