Hi! My two youngest boys are adopted from Korea, and 16m-2y seems pretty reasonable to me. Our agency is closed to new applications in CO (I just checked) but I think that is the timeframe I am hearing in general, depending on the size of the agency. There are only 4 agencies in Korea, and the structure of the program is a little bit different that other international adoptions in that the US agency that you work with acts as in international branch, so to speak, for the Korean agency. There are specific agencies in the US that work with specific agencies in Korea. So in some ways, the process is a bit more streamlined than other international programs, for example no dossier is required.
As to your questions, we were able to meet with the Foster Moms in Korea, and got a lot of incredible information from them that was not in the paperwork, especially preferences and just day to day info. I was able to meet with my middle son's FM again when I went to pick up our youngest, and it was incredible and emotional. We were able to pick up our children several days before we left the country, and it was incredible all the people we met who blessed our children and talked with them and loved on them. If you have the option to travel, please, please do it. You will not regret it!
As to how we chose Korea, my husband was stationed there with the Air Force for a year. My oldest, then only, child and I visited for a couple of weeks. It was amazing how everyone treated him, and we really loved the way people in general treated the children. We felt like it was a culture we could embrace and share with a child, because many of the values lines up well with our own. We have personal experiences to share as well. We also have friends that live there, so we have a long term connection.
My advice would be to collect information now, even if you don't officially start the process. The homestudy can little be as 6 weeks if you work really hard and fast, and your SW does, too. More realistic IME is 3-4m. Korean law says you cannot adopt after one partner in the marriage turns 45 (without an age waiver which is often only granted in SN or a sibling call), so most US agencies require the application to be turned in by 42 to allow plenty of wiggle room. Since you are coming closer to that age limit, I would consider putting in the application soon, even if you take your time with your part of the paperwork. Also, there is the perpetual rumor that the Korea program is closing, this time in 2012, so that is something to keep in the back of your mind.
Any questions I can answer, please ask! I love to talk about my kids
