As usual, if you compare a $900 CDN lens to a $539 CDN lens, that can be had as low as $300 US, you'd hope the $900 lens would be better. The 18-135 was introduced at about $670 so the 16-85 is a more expensive lens any way you look at it. At $900, it has to be the slowest lens ever made for that focal length at that price. It's almost certainly better. But it's not a bargain. It's a you pay more you get more kind of lens.
If you have the big bucks, the 16-85 is probably better, Working on a budget, the 18-135 can be purchased in a package with a camera body for not that much. Many of us thought when Pentax announced it was a step above kit, thought they were talking the 18-55. After release it's fairly apparent it's the 18-135 it's slightly better than.
Can you tell the difference?
https://www.pentaxforums.com/forums/10-pentax-slr-lens-discussion/302815-35mm-find-prime.html
Despite what people will tell you, I doubt it, although you really need to have a 60-250 to cover the long end of the 18-135 if you run into a situation that requires edge to edge sharpness over 60mm. The 16mm, is important to many, but 15 ltd and crop would be the more compact way to go.
To me, it seems like any other lens. pay more money, get a better product... what's your preference? That kind of decision is best made in the context of your whole line up. My Sigma 8-16 makes the 16 end reductant, as will any other UWA, but, you can certainly make a good case for this lens if money is no object, or if you have no desire to buy a UWA lens, and this is going to be the widest lens you own.