Here in the city, rainfall has been off-and-on the past 36 hours, but the local mountains are reporting snow: 6-12 inches at Mountain High, a foot plus at Mount Baldy, and 4-6 inches at Snow Summit (South winds apparently aren't as favorable for the San Bernardino Mountains).
If those numbers sound disappointing, don't forget that we're talking about a foot of new, heavy, wet snow—a perfect base for the ski areas, and quite possibly enough to make ski touring in the San Gabriels feasible in higher locations.
For the big numbers we turn to Mammoth, which reports a stunning 5-7 feet of new snow in two days.
Obviously, there's more news than just happy skiers in the Sierra. The storm knocked out power to a million plus in the state, closed highways, and is even blamed for a few deaths. The much-feared mudslides (on burn ground) have not as yet materialized, and things are expected to gradually dry out as the weekend passes.