See the note in bigboss's link about SSD hybrid drives i.e.
You’ll see that I’ve included a “Hybrid” drive, which uses a small amount of solid state storage to speed certain operations up (at least on laptops). Unfortunately, we don’t know for sure if the PS4 will utilize a hybrid dive effectively, since at least on laptops, the Operating System actually has controls to effectively use this technology. So, get the hybrid “at your own risk” with no proof or guarantees that performance will improve on the PS4.
So it will work I'm sure, but there's no proof that it will provide any performance upgrade over and above a normal 1 TB drive. Assuming you're in Europe, it might be a good idea to wait until after 15th November - you'll still have loads to time to order a drive and get it in time for the 29th Nov, and since it will be released in the US on the 15th, I'm sure all sorts of people will be testing these things out over there, so we'll know if things like this help or not.