This mod does cause the game to lag out for a few seconds when you open workshop mode, but that's a problem with how mods are forced to function on console. *USO - Unlocked Settlement Objects is a great addition for anyone who likes making settlements- it can be an almost overwhelming amount of new things to build with but you'll quickly get to grips with it once you've figured out how to navigate the menus.
In my opinion these are all excellent additions to the game that don't compromise the integrity of the game I'll list a few cheat mods along with other excellent mods that didn't quite make the cut as honorable mentions. I tried to find a list of mods that could be considered must haves for the PS4 that doesn't include a ton of mods I'd consider to be cheats, so after several months of tinkering I have a list myself.