The only bug I've encountered has been when the wind animation/sound has stuck to my weapon even after the shout has worn off. But if you're game has the bug, there's really no way for you to know for sure until you try.
One of my Kahjiits uses this shout more than anyother and I've had absolutly no problems whatsoever, I only use the one word shout to increase the recharge on it so I'm not sure if that has an effect or not.
Did some Googling. There's a Steam discussion from last November that says it affects your right hand weapon when dual wielding (because EF only affects the left hand speed, since that's the weapon that determines your dual-wielding speed). Simply sheathing your weapons is supposed to fix it. It might have been fixed permanently in one of the early patches. I've never encountered the bug when dual-wielding.