There’s nothing wrong with IFS, but you’ll have better things to put on your resume. Also do you know how you are planning on fulfilling your Gen ed requirements? You probably already have a good enough score to get out of W131 if you are a Fry Scholar, but you still need 2 A&H classes and 2 World Culture classes, and 1 natural science class.
The world culture classes could also be replaced with studying abroad or getting credit for 4 semesters of a language. If you were going to take the 2 world culture class route, you could just take 2 classes that double count for world culture and A&H and be done. I don’t think IFS offers any of these classes, so taking one might not reduce your courseload if you wanted to do the 2 world culture class option. If you are doing one of the other 2, then IFS sounds like a great opportunity.