The block end of some straight ratchets is concave, (craftsman i believe) these work best, but anything about the size of the bolt head will work. Put the end on the bolt so that the head is cupped (or covered) by the ratchet end. Hammer the handle of the ratchet. this will compress the head a little. stick your screwdriver in the tighter slots and hammer its handle, this will sortof recast the bolt head to the shape of your screwdriver. you now have a good slot for the screwdriver head and can try the stubby and WD40 method. I think the hammering also loosens the thread hold, but its amazing how soft these old bolts are- making them easy to strip out, but also easy to tighten up using this method. works for me.
-KK