I see only one usefull thing in this, and that is that you can make "ready bags" with set up equipment to redress after being death. Could be usefull for TC.
Other than that, there are 2 support perks already for carry weight, which don't require you to put stuff into bags or equip them, thus sparing inventory management. If you choose a low STR char, I'm sure you had your reasons for it, so live with the consequences. (full STR char with the 2 perks has above 200 weight limit till encumbrance.. that's insane already)