If I understand your problem correctly, and you are setting your project up as a 'stereo' project, the answer is Yes.

just copy the the captured sound track (left) to the 'other' track (right)

The video will then correctly utilize both of your stereo speakers.

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My System Specs:

Cameras: 2 x Canon XL1s
Computer: Dual Intel Xeon 2.8Ghz processors (hyperthreaded) - Intel SE7505VB2 mother board - 2 Gb PC2100 RAM kingston -Adaptec FireConnect 4300 -2xseagate 10K scsi hdd 150G ea -2xseagate 7200 ide hdd 200G ea - Plextor PX-708A DVD burner - ATi Raedon 9800Pro video with Dual SUN 21\" monitors - Sound Blaster Platinum live!
Software: Windows XP Pro with SP2 - Pyro Pro (adobe\'s premier pro, encore DVD, and audition bundle)