I have been using NP1600 on and off for the past 20 years, it is an excellent film and I have not really had any issues with it.
I bought all of my NP1600 as bulk rolls, as in 30m long, so it’s slightly different in long term storage, sort of, but not really.
The oldest NP1600 I have used, is stuff that expired in 2000, I am still using it, did so last week, will develop the negs in the coming week.
I don’t expect any problems, other than the contrast for anything shot in bright daylight, but that contrast is a difference and can make some quite interesting photographs.
My take on NP1600 is that I expose it at 800 ASA and develop it as though it was 1600 ASA, this has worked very well for me.
Currently I am developing NP1600 in D76 1+1 at 20ºC for 10’45” in a Jobo rotary processor. For hand inversion processing, I would probably use about that time and dilution.
Some people say if you convert rotary processing times to inversion times, you should reduce the time. I don’t change if I do hand inversion processing.
Let me explain, I do all of my own processing on my Jobo rotary processor, however whenever I teach someone B&W film processing, it is always done by hand inversion. Usually I use the same processing times and realistically with NP400 and NP1600 there is no difference.
I have a reasonable amount of experience with NP400, having gone through about 30 x 30m bulk rolls so far, which is about 550 rolls of 36 frame film. I don’t quite have the same amount of experience with NP1600 as I have only gone through about 10 x 30m bulk rolls of NP1600, which equates to about 185 36 frame rolls. I have 2 x 30m rolls left in the refrigerator.
NP1600 is a pretty good film, works brilliantly under wet daylight conditions, cloudy bright, and just generally where low light is offered. It works very well under fluorescent lighting, with 1/60 at f/2.8 being about right.
I would go for it, especially if it’s reasonably cheap. You’ll probably never get another chance to try this film.
By the way, you can process it alongside NP400, works a treat and was one of the design criteria of this unique film. Developing times for NP400 and NP1600 are identical according to Fuji at the time. My experience has been that that is pretty much a true thing, although sometimes I would push the NP1600 a little to 1200 ASA and develop it on its own.
Mick.
Edit, I forgot to mention I use a diffused enlarger light, so if you have a condensor enlarger light, then perhaps a reduced time should be factored in to your processing time guess.