In looking into 2D representations of audio, I came across a tool called a goniometer. I'm aware that a goniometer refers also to a device for measuring angles, but in this context it refers to one that measures sound. From what I understand, the device shows panning between the left and right speaker. The tool doesn't seem very widely used, but I was wondering what each axis of a goniometer actually shows, including the "correlation" meter at the bottom. Also, why are the representations squiggly lines as opposed to one shape with a certain area, and why are goniometers round in shape?
Link to the site where I found them: http://www.fluxhome.com/products.html There are also videos an youtube of them, but nothing explaining them.