The 4.33 dome is a really nice small travel WA port. I use the S16mm with the WA converter mostly, as the barrel affect and fall-off of the FE converter is more than I like. It can be handy at times though with video or shots in tight spaces like wrecks, etc. Since I shoot mostly abstractions from a macro perspective, I seldom use the WA set-up except for video. Once however, after a boatman laid my rig face up into the Thai sun with the Aquatica +10 diopter mounted, it melted the aperture of the 18-55 (in just few minutes while climbing onto the boat) so I ended up using the WA for the remainder of the trip. Got some decent shots, but given poor visibility, combined with the fairly soft corners of the 16mm, I wasn't crazy about the results being a pixel peeper person who prints large. For smaller prints and memory shoots, including video, the 4.33/Sony16/WA/FE combinations makes for a nice travel system with lots of flexibility that won't break the bank.
I tested the new S20 (which is a much sharper lens than the S16) with the WA and FE converters hoping to improve the 4.33 WA system. Corners were noticeably sharper with the WA Converter & S20, but you ended with with the same AOV, more or less, as the S16 by itself. Maybe it was a little sharper, but I lost interest after adding the FE converter to the S20 turned the corners into mush. It was obvious why Sony said the converters wouldn't work with the new 20. I returned the S20 to Amazon.
Below are some images from the S16 with WA converter. Visibility was poor and I may have introduced some refraction using high f stops, but it gives you a few images from this set-up to look at. Personally I'd love the Z12 with ZEN set-up if I was doing serious WA, but that would currently require me to rob a bank

It's undoubtebly the HQ WA system to have for big prints and superb imagery if you can afford it. Chris Parsons did a review on it and was blown away by the results, both in the resolution and color rendition compared to the MANY systems he's tested.
I'd like to try the Z24 in the 4.33 dome someday, but the focal length of the lens just keeps me from purchasing it. However, it's 6.5" minimum focusing distance must be fun to work with on certain subjects. I like the M/WA versatility of the 18-55 for this reason. Using the kit lens in a flat port 72 does introduce CA and distortion that's probably not there with the Z24 and 4.33 dome. Be great to see some images posted with the Z24/4.33 set-up.
Be great if Sigma came out with a 12 to 14mm prime that works in the 4.33. Their lens are incredably sharp considering the cost factor.
Here's a few S16/WA Converter/4.33 port shots from Thailand



