Although you’d also need to hack Sony’s camera as well, I don’t see why not. That’s assuming they don’t provide any PC support, which I think they might. There’s also a few other teams working on VR tech, including the people who had formerly been doing the hardware experimentation for Valve. I’m still not sure this won’t go the same way as the '90s VR enthusiasm (i.e. nowhere), but if it does end up going somewhere, I think there are enough other bits of hardware in the works that Oculus isn’t strictly necessary.