Don't matter what another platform does, vB is not the right place for it. Besides, there is only around 2% of the vB installs running 5.x, and also any cloud members can't use addons.
So you want to simulate addon development for vB5, spend your time fixing the many bugs in it, spend time adding hooks in as many locations as possible. You could do all this in your dev environment, and submit the fixes and improvements to vB. Then more users will adapt to the 5.x version, then you can start doing lite/pro mods as has worked on here for years.
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