cant really compare but I have the 106 freewave, love this board.
I used this to replace old 113 66 wide freewave & dont notice much bottom end difference at all. The volume under track make it easy when slogging & the narrower tail gives them huge range. I imagine the new 116 would be very similar.
All the freewaves I've had gybe & jump awesome, just a good all rounder. Sure there are more specialised shape if you prefer it to have bit more freestyle or wave bias, everything a compromise.
If you want for waves you might want to step down to 106 team edition as has thruster setup.