I have Version 15.1.4 (47270) installed, and although Parallels has been kindly nagging me for a number of months that a new version was available, my long experience had me check the forums first, where I discovered that v 16 was not problem-free at launch (as expected). Lately, the nagging reminder has started mentions version 16.0.1 (48919) but I downloaded the installer directly from the website, and it appears to be for a versions 16.1.0 (48950) if the name of the dmg file means anything. Since I am running macOS Mojave (10.14.6) on a 7 years old MBP and have no intention to upgrade to a newer version (I use none of the Apple fenced gizmos and am only running Windows 10 on a VM), I was wondering whether I could get any feedback from users of Mojave with experience with Parallels 16.1.0. The last thing I am willing to do is to waste time with an upgrade from which I would have to backtrack and possibly gain no performance benefit... Thanks for your honest input.
I have answered my own question by biting the bullet (after careful backup of my VM) and installing 16.1 on macOS Mojave. Installation went smoothly and I am running Windows 10 without any issues so far. Crossing fingers...