It's worth a spin. Before moving to iSCSI I had my home folder as well as lots of projects and data on ZFS for macOS for almost a decade, and it was extremely reliable and performant within reason [0]. ZoL of course is also quite solid at this point too. Life gets a lot more complex if you want to boot off of it, but a shared data partition for two separate OS boots could be a good match.

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0: By which I mean, for equivalent features. It's possible to go really far out of the normal with ZFS in terms of silly compression and multiple copies of data even within a single OS and checksumming and so on in ways that add computational overhead, but I don't hold that against it vs APFS.