8BitDo releases adapter for using modern controllers on PS1 and PS2

A good alternative is retrofighters defender

https://retrofighters.com/our-collection/defender-wireless-playstation-1-playstation-2-playstation-3-playstation-classic-nintendo-switch-pc-video-game-controller/

A review: https://youtu.be/sI1MZ1QQI28

the company says its connection is lag-free.

But seriously, this is awesome! I've wanted to go grab a PS1, but I definitely don't need another controller on my coffee table (especially a wired one).