Neo 6 is basically DTS's version of PLIIx, but it only does 6 channels, whereas PLIIx does 7 channels.
DTS Neo:6
Provides 5.1 or 6.1 channels of matrix decoding from stereo matrix material. Also decodes Extended Surround matrix sound tracks and has a Music mode to expand stereo non-matrix recordings to 5.1 or 6.1 channels.
Neural Surround THX Technologies
Neural-THX® Surround makes surround music, radio listening and games more accessible and enjoyable. Neural-THX Surround’s unique encoding process provides the rich envelopment and discrete image detail of surround sound in a format 100% compatible with stereo for use in CD’s, Radios, portable digital music players and digital music downloads. With superior spectral resolution and channel separation, Neural-THX Surround draws the brain’s attention to the sonic details in musical instruments, vocals and ambience that are typically masked by other playback systems. This allows the listener to fully experience the richness and subtleties in recorded performance as never before.