This is how the review of this new Nikon lens starts in Dpreview, probably the best web page about digital photography in the net:
Our lens review starring the world's first optically-stabilized ultra-wide zoom: the Nikon AF-S Nikkor 16-35mm 1:4G ED VR. Conceived as a relatively inexpensive alternative to the highly-regarded AF-S 14-24mm 1:2.8G, this lens features Nikon's latest 'VR II' stabilization unit in a high quality magnesium alloy body. We've put it through our usual battery of tests to see how it performs.
Read the whole review in this link