I always have a fixed blade knife in my pack. It’s just too useful to not have. That said, I don’t think I’d ever carry a 16 oz knife, unless it was just for fun. I’ve come to find that a 3-4” fixed blade with a full tang will do almost anything needed, and is frequently the ideal size for most tasks, including field dressing game.
For 16oz, I’d much rather carry a fixed blade and a folding saw, which significantly ups your capabilities, or just a fixed blade and save 8ozs. I normally do the latter, unless I’m planning to need a saw (IE, a camping trip).
Another poster mentioned they’d never baton wood in a survival situation, and that’s fair, I wouldn’t either, except sometimes that’s the only way to get to dry wood to start a fire. I was very humbled after moving to the PNW and had difficulty starting fires with tinder and wasn’t able to without tinder. Consider that it rains or snows for 8 months of the year, and snow and ice typically coat trees for months in the mountains and soak into dead wood during freeze and thaw cycles. Even dead standing trees will have a layer of ice soaked wood, but a saw and knife will get you to dry wood.
Moras are hard to beat for the price, and I’d carry one if that was my budget, but it wouldn’t be the same one I practice with. Non-full tang knives will eventually get damaged from batoning.
I’m partial to the Fallkniven F1, but there are tons of good options in that size and weight. The Bacho Laplander is a decent saw, but I think there are better deals to be had in your local hardware store, with similar quality construction and longevity.