I can't speak for Adobe products because I recently switched to Affinity Photo and Affinity Designer and they run extremely well. I can't feel the difference between my previous 2014 core i7 MBA compared to the 1.2GHz rMB. So far I am extremely pleased with the performance of this tiny machine.
The screen is small indeed. Although, coming from a non-retina screen, I really like the option of increasing the resolution beyond the default 1152x720. Also, when I'm using Affinity products or Blender for example, I'm working on an external screen anyway.
No issues as well....I use LR and PS (cc editions) in my workflow and it's fine. I also run parallels (Win10) in the background for work. Impressive little machine.