There is some sense here, you want users to have long passwords to make them difficult to guess, but easy to remember. So saying "at least 16 characters, like a few words perhaps" and not requiring stupid ratios of punctuation, numbers, and case, is likely to get them using something different to other services, and to remember it instead of putting it on a post-it note.
Also, of course, having a bozo filter to stop "Correct Horse Battery Staple", or even "password" or "12345" and similar being used N times to fit the minimum limit...