The VATs system would also work well given that it could be used as a turn-based mechanic to give players a more strategic element to the combat by having it pop up for each player attack.
In fact, with some texture overhauls, model overhauls and a tweak to the weapons in the game, someone could technically do a Valkyria Chronicles total conversion mod. Basically, with these companion mods it turns Fallout 4 into a team-oriented, party style action-RPG.