I was put on lamictal but am not too sure about it due to the side effects i've read. is this a good drug for a mood stabilizer?

It is: This is a commonly used mood stabilizer. You are right, it does have many different side effects but for many people it is a life saver, whether it be related to help with mood issues or seizures. You should discuss with your prescribing physician your concerns. Open lines of communication are key to a healthy therapeutic relationship.