It isn't quite as bad as the South San Juan resorts because they don't get fully shut out of Northern storms (Most storms have been NW flow this year).
Things are really bad down here. Both Wolf and Purg are about 100" low (a bit more for Wolf) for this time of year, which hits Purg harder because they get much less snow on average.
To put things in perspective, Wolf averages 150" of snow by Christmas. They have 165" YTD in late Feb.
Telluride and Silverton are in slightly better shape, but I wouldn't recommend a trip to either.