The cat functioning below threshold wouldn't effect the operation of the engine in any noticeable manner, it'd just mean the truck is polluting more than it should be.
Most aftermarket cats are going to be bad if you're not running a custom exhaust system. The tubing for the VQ40 cats are very intricate and would require an exhaust shop to weld it on with some custom piping to make everything work without going direct fit. And then you have to worry about sensor placement and all that.
Good luck!