The Linux kernel supports pretty powerful APIs for inspecting and managing processes, like ptrace and seccomp and /proc, from another userspace process. There is no comparable set of APIs for hypervisors, unless Xen has something maybe?

And we don't handle unrestricted multithreading in rr. If we wanted to it would complicate things a lot and I don't know if existing kernel APIs would be adequate. We're skating along the edge of feasibility as it is.