I don't know if it's rare or common for mods like V+ to break after an update of BIE or the game it self (usually fixed by updating the modding platform that is BIE). But, I think, as long as BIE can be updated anyone can load any mods to their desire. : )
One thing that I would like to point out regarding Terraria is that it probably won't change much after the next patch (which is likely to be the last one; #RIP). Which, in terms, means that the mod loader shouldn't have to change much either. So maybe make one last update to make it work, no? ; )