Most immediately, the Sea of Thieves cheat is one that can be described as worth the investment, considering the outcomes that it brings.

The Pros:
-PVP becomes far less of a problem.
-Quests are shortened significantly.
-Obscured treasure can be spotted, adding significant bonuses for gold earned.
-In essence, guaranteed victories in naval battles.

The Cons:
-Rarely, it can cause the game to unexpectedly crash. Do not play solo with a lot of loot on the ship.
-The aimbot is likely to get you banned if the sensitivity is too high.