Not certain I know what you mean about "soaking" with penetrating oil - I found that might take "days", not "minutes" to work? It has to creep in under the screw head and then work its way down the threads. Was a time when some would put drop of iodine - would create/cause incredible rust - I do not think those could be undone - had to be drilled out, re-threaded, screws replaced. Not real sure what you are up against.
I had read but never tried - tap in snug fitting screw driver tip into screw slot - heat that screw driver tip to be hot - so screw gets hot - likely expands slightly compared to parent material - then let it cool - might break the rust bond? I have had luck to heat a rusted-on nut - it must expand enough to allow to be unscrewed - but do not know if that would work trying to heat just parent material surrounding an inserted screw?
The strongest part of slotted screw head is going to be down at bottom of the slot - so want snug fitting screw driver that will apply pressure down in there - weakest appears to be top edge of slot - many tapered screw drivers, or sloppy fit screw drivers, will roll over those top edges when sufficient torque applied.
I have used a litre or two of that 50/50 ATF and acetone - not real sure about that stuff - if left out in open for days to work on a screw, can not be much acetone left?? Appears to want to evaporate off pretty easy. But was my impression is very cheap to mix up and use - compared to spray cans of Deep Creep or similar. That 50-50 mix is half of original Ed's Red solution - original was to mix equal parts ATF, acetone, kerosene and Varsol - again, I find the smell much less after out in open - as if that acetone wants to evaporate easily - might work better within a sealed container?? In clear pop bottles, I noticed 50-50 mix would shake up and look "pink" - after several days would settle out and separate - ATF goes down, Acetone goes up - shake again and get same - I do not think those two will actually mix and stay mixed.
Is well worth to try to salvage those screws on a Win 94 - very unique shapes on some - I think sort of US $40 for a set if they are even available to buy any more?