Good luck,
I have no experiance with the BK16, but if it has Ethen's approval than it ant crap. I think there are a few reviews on youtube for this blade.
Let us know how it works out. If it doesn't work out you can always get a BK7
I have since stopped my search for the "ONE" knife and have begun carrying bush tools that are purpose built for their job. Need a chopper, I bring a Hawk or 12 inch Matchete, need a carver and cutter, I bring a 3.5 to 4 inch Scandi bushcrafter belt knife, need to process large wood for a long cold night, I bring a 36 inch bow saw blade and construct one in the feild.
However, The closest I ever came to finding that "ONE" knife was and is my BK7. If I was restricted to only one tool, you bet your boots, my BK7 would be it. I just choose to not restrict myself.
My BK7 can do it all, but when compared to the purpose built tools at their specifc job, it just doesn't measure up and no "ONE" knife will.
We still need them though, don't we.