If You want a post-Hunter/pre-Eurofighter multi-role combat plane, that isn't Jaguar and isn't too big, complicated and expensive, then I'd opt for Mirage F1 (esp. F1E). True, it's not too British, but You can't have everything.
As for F-16 - well, it has some merits, but I'd say it's so
dull. I mean, there are so many countries using it...
(I admit it, I just don't
like this plane
)