MICROPHONE AND PERFORMANCE
Yes, BUT, you'll need to get a 4 pin audio and mic splitter to plug into your controller and possibly a ground reducer.... plug it into your controller and the monitoring output of the mic itself... you will also need to plug it into a power source of your choice. This isn't exactly "plug and play" mic meant for Xbox, but its a "buy some more stuff to make it work" type of mic for it.
No it doesn't work for the ps it might work for the Xbox but I use mine for pc.
I'm not sure of the 1/4" to 1/8" adapter being an issue, but there is a video on YouTube, "how to configure your microphone in Windows XP". I also found the same info on another website's forum, MajorGeeks.com. Both state that you need to en able the "mic booster" feature in Windows. The video by "Thomas Franza" dated April 19, 2011 shows how to get to the "mic booster" feature. I hope this helps.
No my son loves it.
Just a regular usb
It only works on a PC or mac computer
I believe it does, there are tutorials on YouTube on how to set it up on PS4