Based on the images I have seen produced by both lenses I think in the end both the DA*16-50 vs Tamron 17-50 are great lenses. As long as you don't get a stinker I doubt you'd end up with buyer's remorse over either one.
For me, and strictly for me only, it came down to cost. SDM would be great - who wouldn't want faster and quieter AF? - but I really don't need it. Weather sealing is really nice too, but I don't generally end up shooting in environments where wather and/or dust is an issue. And size (in this area...) doesn't matter either; if anything larger lenses tend to fit my hands better. The 16-50 does have a history of some QA issues and I've also seen it produce some purple fringing. There's been quite a bit of hype and exitement around the 16-50 too though compared to the Tamron so there could be some issues with that lens too but it just isn't making any headlines.
But there I sat with two great lenses to choose from, one had some neato features the other doesn't but I would make very little use of, and a price difference of $280 USD...
... The Tamron arrives here tomorrow morning.