Yes, Ryck, I'm using Quicken 16.2. AFAIK, all is as divined and without issue.
FWIW: I'm a quite heavy user, but I do not use the electronic banking features, e.g., bill pay, account reconciliation, stock/equity updates, etc. So if you are dependent on those features, you may need to qualify my endorsement.
From what I've read, the 16.2 issues have been resolved via a silent upgrade. Still, a verified backup or two is suggested.