Oh, I'm sure Dreams will be capable, but users, sony, and your local authorities will definitly make sure to put an end to it.
I fully expect Dreams to be supported on both PS4 and PS5. Dreams is a development platform that will allow anyone to make games for PlayStation hardware, and even alloe users to export thier projects to Unity for release on other platforms. Sony will very likely be supporting this for a very long time. Dreams should continue to evolve over time. We will see a lot more than just entertainment from Dreams. If it is anything like LBP, expect crazy Calculators, Word Processors, Music Mixing Apps, and all kinds of wacky stuff from people just testing to see what they can do with the tools.
The question was "let you create", when Sony and police will prevent you from doing it and all, it won't let you create it (or at least will take it down)
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
Azzanation: "PS5 wouldn't sold out at launch without scalpers."