We can't say what "side effects" it'll have but if you think it'll be causing you trouble then don't install. If you do install and it causes you trouble, you can uninstall.

Thanks but I was hoping for a definitive answer.

We can't give you one. You can try the software out and remove it if you don't like it, but we can't say something is 100% safe to use when it's developed by a third party like this.