well burning on a dvd would be nearly impossible. PS1 can only read CDs, even if your using ps2. So such a program is possible and may even exist but will only work on CDs which is kinda useless. Might be useful for older psx games or games you can rip the movies from. The only way to make it use DVDs is making a PS1 emulator for PS2. Its kinda like how you cannot use gba roms on a SLOT-1 NDS flash cart.