I was looking to make use of my PS2 and PS3 again with a Bluetooth headset, and so I picked this device up in the hopes of doing just that. However, it wasn't anywhere close to sufficient for this task.
The device "worked" the first time I used it, but with a rather loud buzz regardless of which cable was used to connect it to my TV (and I tested two different TVs to make sure it wasn't just the port). The second time I used this device, no audio came from one side of my headset, despite the headset working like normal with other devices. The third time I attempted to use it, it flat-out refused to pair with anything, much like other reviewers have mentioned.
Since it's now entirely useless after three brief uses, I wouldn't recommend this device whatsoever. If I could rate it lower than 1, I would.