The ride up to the pike is fine, I was there yesterday morning, a little wet, but not very muddy. perfectly rideable.
We decided not to ride the loop around the lake though, as that ride usually includes a detour around the built trail in Healy Nab and that would have been very wet and muddy and I dare say would have erroded a lot of peoples hard work, so we're staying away till its had time to dry out a little, which seems only fair.
Instead we went up the road to the top of winter hill, with a few off road detours along the way, and aimed to cross the tops back to the pike. Unfortunatly the path back over the top was deep in snow and unrideable. Was good fun blasting back down the road at scarry speeds though!
Oh yea, bike choice…I used to ride all of it on a HT, but its a lot more enjoyable on my FS! Especially on the cobles, just so much easyer to climb, and a little faster back down, perticually on the ice cream run back to the upper carpark.