Try this again and hope it doesn't double post.
2Deal2: I intend NO disrespect with this! This is probably the most posted question that comes up around here. Interesting to note how many different forms it can take <LOL>
Tedloc pretty well covered it. However, since most brick and mortar casinos no longer offer surrender in straight Blackjack, your options boil down to what are you going to do that result in you losing the fewest times. You're going to lose that play the vast majority of the time no matter what you do, but hitting it will result in losing slightly fewer of the plays (about 1 in every 100 played!)
The positive way to insure the most enjoyment when hitting hard 16's is to always play in the last position (3rd base). At least that way, when you hit and bust, the rest of the table can rant and rave about you taking the dealer's bust card! That keeps things exciting and is some reward for the virtually enevitable BUST! <LOL> However, if you are shy, "stand" on the hard 16. That way when the dealer hasn't made a hand until hitting the card you should have taken, the table can rant and rave about how you never hit when you're supposed to hit! It's a win-win!