So… hardware was never a problem for VR Chat coming to PS4 as the base PS4 from 2013 has much more powerful hardware than the Oculus Quest or Oculus Quest 2 and so PSVR games generally have more graphical detail in their PSVR or PCVR versions than in the standalone Quest 1/2.
But user-generated content was a problem from what I saw some people commenting on some posts. (although I never really understood this issue since there is Dreams on PS4 and PS5 with creations from other companies like Mario, Zelda, Sonic and even using assets, music and sound effects from other games like Sonic Venture: https://youtu.be/NEjq9M-jjQ0 Sonic Vs Blaze. RUSH FNF https://youtu.be/j0A0LBOjaxA Super Mario: Heart of Stars: https://youtu.be/xsl6usmQXoQ?si=Wp1jZF0FZg55ESvi&t=556 and practically a perfect port of Undertale: https://youtu.be/26XxENDI4K0 ).
But now Roblox, a game that practically sustains itself with user generated content is coming to both PS4 and PS5 (and also the Oculus Quest 2), if Sony allowed this, maybe it will allow VR Chat too?
I would really like developers to consider this, the original PSVR despite being old is still an excellent VR platform and can be found used for $70 in some places and the PSVR 2 is a great deal for anyone who owns a PS5 especially due to the specs Although it is much better than other headsets like the Quest 2, I really wish developers would stop ignoring the PSVR playerbase, everyone would benefit from this.