If you reread the last paragraph of what I said, it isn't useless-- but it really depends on what you're trying to achieve, as well as the situation.
In a studio environment, where you're recording a performer or group of performers and you want the maximum amount of control over the finished product, it's generally best to record each individual separately (presumably in mono) so each performer has a separate track that's recorded as "pristinely" as possible and that can be carefully and individually controlled in the final mix-- which includes any panning that will be applied to each track to control where the sound for that track seems to be coming from as far as left/right/center is concerned.
But if you're recording something "live"-- be it a single speaker/singer/performer or a group-- and you either can't record each performer separately or else prefer to record them as a whole performance, then it's better to record in stereo to get that spaciousness you mentioned, since you can't easily separate each individual performance from the recording and then carefully control the volume/panning/etc. in the final mix.
So-- what is the situation and desired result? If the speaker is on a stage and you're trying to capture his/her recitation in a manner that lets the listeners feel as though they're there in the audience, then by all means record in stereo so you get the spaciousness and any acoustical effects of the speaker's spoken word bouncing off of different parts of the room-- not to mention things like audience coughs (was the person who coughed sitting on the left side of the room or the right side?), and things like that.
But you asked about panning, which is something that's generally applied to a mono recording or sound source to control the amount of volume being sent to the left and right channels in order to manipulate the perceived position of that sound source within a stereo (left/right) spectrum.
So-- is it on a stage, or in a studio? And is there anything else that will be in the final mix besides "the spoken word of one person," such as background music to a book that's being read by someone? (You didn't specify the situation or the nature of the performance, so I don't know.) If you're recording someone speaking in a studio and there's nothing else that will be mixed in, then you might as well record in mono and control the "stereo" effect through the panning. But if you want to record the speaker in stereo then panning doesn't really enter into the picture-- instead, you'd want to just balance the volumes of the left and right channels as needed.
Edit: PS-- I should state that I have no real experience in recording. I originally joined this forum so I could answer someone's question about a keyboard, and also because I wanted to learn more about using DAWs. So anything that anyone else here says about recording undoubtedly carries a lot more weight/real-life-wisdom than anything I might say.

I'm merely trying to reply from a common-sense viewpoint.
Mandatory disclaimer:
[Cocking head to one side and shaking head]"I'm
not an expert!"
[Cocking head to other side and smiling with a gleam in eye]"...But I play one on the internet!"