The snowpack in the High Rockies is above average and still growing. Flooding when it melts is a possibility depending on how fast it melts. On the Western side, the Colorado River drainage will get more water than past years. Good news for Lake Powell and Lake Mead. Likewise the Arkansas and Rio Grande Basins look good.
One of Colorado's premier attractions is Trail Ridge Road in Rocky Mountain National Park from Estes Park to Grand Lake. A toll road closed in winter, the Park Service tries to have it open by Memorial Day. This is what it looks like in late summer (all pictures from Google).
These shots were from five days ago before this storm came.
A note of caution to visitors from lower elevation. High altitude sickness is real, but can be mitigated. You will enjoy your visit more if you prepare. The internet is your friend.