New phone - set up as new or restore a backup?

[sebsational]

I've just got an LG V20 as an upgrade from an LG G4 and want to set the phone up. Are there any downsides to using backup and restore to transfer apps and data from my old phone? I want the phone running as smoothly and snappily as possible and will install things individually and manually if need be. I'll also be very selective of which apps I keep as I want the phone bloatware free.