Along with new super telephoto prime lenses to be announced this Summer, Nikon will also announce a new DX lens AF-S DX NIKKOR 16-80mm f/2.8-3.5G ED VR Lens for Nikon DX format DSLR cameras.
This new lens will replace current AF-S DX NIKKOR 16-85mm f/3.5-5.6G ED VR Lens, but it will have a different hood – it will be more square than round.
via: NR
Read More: Nikon Rumors
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I see that the rumoured lens will be faster(80 mm f 3.5) and in all likelihood will be better optically commensurating with far more resolution hungry sensors of current nikon APSC bodies.But cost will also be substantially more, imho.