Not the entire trail. The wife and I went about 1.5-2 hrs into the trail and it was pretty cool. The initial ledges seem intimidating but aren't bad. There's some tight brush so be comfortable with pinstripes. Some of the creek crossings required specific lines though I don't recall needing to engage the lockers (I do remember smacking my plastic bumper several times).
We turned around just before a steep waterfall obstacle where the trail proceeded up the canyon wall. It looked tight and a bit off-camber but nothing terrible. I don't see any reason you couldn't have a good time in the 200 on the trail but I we didn't finish it out, either. You can always turn around and head over Hurrah Pass to Chicken Corners (and on even to Lockhart Basin/Canyon for a multi-day trip) from that area.
Water/flooding can be a problem. The water was low and the trail was pretty dry when we were there. I can imagine it being quite impassable during other times of the year.