What side effects?
I.e., anything Congress does not explicitly state in a law is now determined by federal judges. At the extreme, this is aggrandizing a very wide scope of power to low-level federal judges to essentially ignore congressional intent.
Chevron curtailed this essential power in favor of taking an agency at its word, which is quite a dangerous stance.
Plus centralizing it makes things much more clear and consistent.
Hell, if we just took regulatory agencies and put judges in charge somehow that would be a lot better than chaos mode.