Regev's reduction shows that LWE is quantumly at least as hard as CVP with an approximation factor of $n/\alpha$ for $0<\alpha<1$. But I just watched this talk which said that if $\sqrt{n/\log n}$-CVP is shown to be NP-hard, then the polynomial hierarchy collapses.
This seems to imply that, if the polynomial hierarchy does not collapse, we could not hope to show that $n/\alpha$-CVP is NP-hard, meaning that Regev's reduction cannot show that a poly-time LWE algorithm implies $NP\subseteq BQP$. Is that true?
If so, is there some sort of no-go theorem the other way? That is, maybe we want to come up with a better reduction. But if $\sqrt{n/\log n}$-CVP could solve LWE, then we can't hope to reduce LWE to $O(1)$-CVP or else we would show that $\sqrt{n/\log n}$-CVP is NP-hard, again collapsing the polynomial hierarchy. Is this also true? What is the maximum approximation factor of CVP that can still solve LWE?
(and of course, similar questions apply to the classical reduction).