I can't speak on the J/P combo, as I don't have one and have never used one. Personally, I would avoid that combo setup as long as space never becomes a pressing isuue. I have a Mini-Max Formula 410 16" jointer with a Byrd Shelix that is, as far as I'm concerned, the only jointer I'll ever need.
But I did buy the Hammer N4400 about a year ago, and it continues to impress. Before purchasing, we considered a number of bandsaws, including a few Lagunas and the MM16. The MM saws are usually considered the best or among the very best, and rightly so--just ask Van Huskey. But the MM16 was $1,000 more than the Hammer and thus more than a little out of our price range. We also didn't utterly require its greater resaw capacity. Until then, we hadn't owned any Hammer/Felder machines, only SCMI and Mini-Max. But after reading some positive reviews and advice here on SMC (thanks, Van Huskey), and after speaking extensively with Ruan at Felder (who is pure class), we decided on the Hammer, and we continue to be more than satisfied with that decision.
If you absolutely must resaw 16", and money is no object (or if you can at least stretch to afford and justify it), then, as Van Huskey says, go with the MM16 or MM20. But I believe that, at its price, the N4400 represents the best value in high-quality European bandsaws anywhere at the moment. Don't let that word "value" inform your opinion of this saw in regard to any aspect but price, however. There is nothing "value" about this saw. It is extremely well built. The 4hp motor seems to have power to spare. I've resawn 11" of hard, figured white oak and the saw didn't flinch. The bandsaw wheels are very heavy, and adjust easily for alignment. The table is flat, and tilts smoothly and precisely with its rack-and-pinion setup. And you can adjust for drift by adjusting the attitude of the steel fence bar with a pair of wrenches. I've had no problem whatsoever with vibration. The N4400 will do everything you ask of it, 12" and under, with aplomb.
I probably can't say enough good things about the level of service from Hammer/Felder. From the beginning I dealt with Ruan, who was always helpful and honest. He won't sell you into a machine you don't want or need, he doesn't bash the competition, and he will work with you on price. Aside from the quality of their machines, he is one of the main reasons Felder and Hammer have become more recognizable and respected names in the woodworking community in the US. After we purchased the saw, we were contacted on several occasions, to make sure the saw had arrived safely, was working well, and that we were satisfied with our machine. I've never enjoyed that kind of service when buying machines from other companies. Considering some of the machines that Felder sells, we weren't even big-time customers. But when we do buy a large machine in the future, it will almost certainly be a Felder. It's important for me to know that if something ever does go wrong, I can make a call and start sorting out the problem immediately.