Some sort of set using Psycho Shift with a Burn Orb, as well as Rest and Sleep Talk, with a fourth move for spiking, attacking, or whatever, could be pretty interesting for 100% accurate burns and transferring sleep.
Maybe an anti-sleep sleep talker could use it, if it works on sleep while sleeping.
Psycho Shift isnt really viable on anything.
But you'd have only a 33% chance Sleep Talk picks Psycho Shift, which isn't worth it imo.
It can work well on Noctowl in UU, making it a status-absorber of sorts.