That's funny, I took a similar picture of mine on Tuesday. It handled the 4 inches of snow we had very well. Don't know how it would do in deeper snow as 4 inches is a blizzard for us in the south.
BTW, what size is your frame? Is it a 23 or a 22? Mine is a 22 and I would have liked a 23 but as you know, I had waited a long time for an 80's MTB so I couldn't pass this up.