Well, I would try a few burns at lower speeds like 12x or 8x and see what you get.
I don't think the results are that bad. Do a transfer rate test to see how it scans.
Also, don't put 100% trust into these scans, they can often be very misleading. You might think a disc is crap because of the scan results but then it works perfect and one with a good scan might not even work. Just be aware things like that can happen.
Bottom line is that disc is within spec, and being a verbatim it will most likely work. But personally I don't think 16x is good for burning movies.