Sorry to arrive late. The trick of converting an L/R stereo recording to M/S, then boosting (or otherwise playing with) S and rematrixing back to L/R can be very successful with certain recordings but much less so with others.
You can usually get an idea of how well it's likely to work by listening to the recording in mono. If the recording becomes muffled or muddy or you lose much bass when the channels are summed, then the trick is not likely to work as well as if the recording simply collapses to a center source image while keeping the same overall sound quality (timbre) as the stereo recording had. The best outcome will normally occur if the original recording was a two-mike coincident recording (since those are inherently mono-compatible), and somewhat less so if it was near-coincident (e.g. ORTF), but expect crap if spaced omnis were used.
In the coincident case, converting to M/S will give you a pretty close approximation of what the recording would have been like if an M/S microphone setup had been used in the first place. And if that's what you have, there are other options besides simply boosting the S channel to increase the difference between the eventual left and right signals. You can also apply EQ--I'd suggest at least trying a low-frequency boost to see whether you like what that does. Yes, too much of it (and reaching too high up in frequency) will cause "phasiness," but a moderate amount (however you may choose to define that) won't necessarily do so.
There's always a limit to how much trickery and deceit you can use before you risk producing an "unnatural" sound quality that's more distracting than it is disappointing. Unfortunately, the way things seem to work out most of the time, a pretty good recording can often be made to sound quite good, while a mediocre or poor recording may well resist being improved by very much. An old friend of mine used to call that the "law of conservation of goodness."
If the M/S approach doesn't work, a "stereo synthesizer" can be used (formerly outboard processing units, but often a feature of audio editing software nowadays). Similarly, moderate use of a good stereo reverb (or reverb software) can help add a sense of space even if there's nothing particularly true-to-life about the space that it adds a sense of. Both techniques were widely used in LP mastering, and even in some CD mastering though I probably shouldn't admit that.
--best regards