Infinite Health causes a few issues, and one extra benefit.
The benefit is that it actually increases the damage of the offensive tools in the game, so you can one-shot or two-shot an elephant with a dead branch, no alterations.
The issues are that it can bug settling and evolution. I've seen other trainers have the same problems, but this one is a little less buggy. So, firstly when settling apes won't actually enter an idle living state like sitting around the area. Moreover, I think the cheat blocks the game from reading that there are any apes in the settlement. For one, it won't let you change generations or evolve, likely because it doesn't read that there are kids at the settlement. Even more game breaking, and this is speculative and seen once, but when I evolved into a new species with the cheat on, I only had one ape, no others; now I am wandering the world trying to find more apes so that I don't die off. Again, this may because the game didn't read that there was any apes at the settlement (the game does transfer over the population count of apes, not the exact same apes, when you evolve), so it only gave me the one I control.
Then, as stated, the no bleed option only kind of works; I don't actually receive bleed damage, but the debuff is still present. Perhaps add a cheat where protective buffs remain forever and don't degrade from attacks to alleviate this.