I have an M16-14LE and love it, though I did have a problem with it. Four days after I bought it the thumb studs loosened up. CRKT customer service was excellent, answering my Email right away and not asking for any money for return postage like other companies. They replaced it with a new knife that has not any problem. The quality of the knife is better than some more expensive knives. The latest MIL and LE models now have a titanium nitride blade coating instead of teflon. The ti coating is much more durable, and can be identified by having a very shiny appearance, almost like a black chrome. I also have an M16-03 that I've had a year with no problems even though every opening is a hard one with the flipper.
At the SHOT Show last weekend I met some of the people at CRKT and they very nice to me and spent a lot of time showing me all the new models even knowing that I wasn't a dealer, just an individual customer. The new EDC M16 is great. A 3" ti coated blade, 2 oz. weight, and unlike the photos I've seen, and the 2003 catalog, The clip has been moved to the top of the handle so that it sits lower in your pocket. The flipper still works well even with the lighter blade. I will be buying one, along with a Lightfoot M1.