@Wheatception I think you were waiting for this.
All over it, unfortunately this is only a utility to help get people on the trail.
“Well let’s be clear that we haven’t released the F4SE yet, we’ve only just begun that process. We have released a utility that will help the more dedicated modders and the NifSkope team start digging into the new release.”
They have moved really fast on this one, I’m guessing because it’s so similar to Skyrim. I’m willing to bet we’ll see a much more capable tool come 2016 when the Creation Kit is released.
They’re making updates everyday it looks like.