Since we're giving opinions....I'll give mine in that the 0 frame 16 is one of the biggest Parker 'myths' there is.
Why? First, the 1 frame is probably the best sized Parker frame of all in terms of dimensions and how it fits in the adult hand. Second, as mentioned, the weight of many a 1 frame is less than, or no more than, many a 0 frame gauge for gauge. The 0 frame 16 is all about sex appeal rather than actual merit.
I still suspect a lot of the guys who clamor for an 0 frame 16 are the same ones who also like to moan about too-light guns and recoil.