It is virtually the Cyffylliog Challenge route minus a few bits that were by permission only, replaced by something different and legal. mostly it is on forest road with some tarmac. It is not comparable to the mtb centre trails however it is a good ride for training and has good elavation profile. Its also quiet and you should have a peaceful ride. The only change I would suggest is that you add the Alwyn Trail which is a clockwise trail around the Alwen not in existence when this route was published. If the weather is good it has great views across to the Clwydians and Snowdonia. There is a cafe at brenig and One Planet Adventure from Llandegla are now running bike hire from there.
Another option might be to ride the clwyds and do almost the delyn which has more natural off road but no modern man made trail like the Hiraethog rides for now