I hope you're right but I suspect the same anti-cheating measures can't work on PS5 and Xbox because I doubt those vendors give the low level of access required

I hope you're right but I suspect the same anti-cheating measures can't work on PS5 and Xbox because I doubt those vendors give the low level of access required to make such tools work. When the xbox360 was jailbroken a lot of games were immediately ruined, at least until Microsoft figured out how to ban modded consoles from online play.