You asked if there was a pitfall. Yes, if you are careless in setting up the form's record locking, you can get a lock collision which would cause an error event that would require delicate handling. Granted, low probability - but possible. Using either Optimistic locking or No Locks, you would not be likely to see a collision.
Another pitfall: If any 2 of those 5 users try to create a new record at the same time, and in particular if the records are short enough that they COULD possibly occupy the same disk buffer at the same time, that COULD get nasty. Short enough in this context would imply that the entire new record, counting all text fields, is less than 2kbytes in size, which would imply that the two new records would occupy the 1st and last halves of the same disk buffer.
I've seen this in the wild but it IS extremely rare. However, to fail to include this in your list of answers would be improper.