4th axis would be for rotation, think of it as holding a marker by the barrel and just turning the barrel. It would allow you to make a cut from one side of the body over the top and down the other side, i guess like the cutout for the eye cover on a matrix.
5th starts to get more difficult to imagine and probably isn't nescesary but would be like rotating the marker from the tip of the barrel, so the barrel could be either horizontal or vertical(or anywhere in between).
We did have a couple of 7 axis machines
, that's only because they were twin spindle so one spindle would be off collecting the next tool wile the other was milling the part. Not really nescesary but it does make a big difference to cycle time.
As i said before i'm not that versed with CNC's, just worked at a site with a lot of them before they(F#@]=-g germans) closed it
. My thing was looking after, fixing and programming anything on the production line(the robots, PLC's, conveyors, casting stations and gantry systems) but occasionally got involved with the CNC's when either the cnc setters were on holiday or stuck.