Cavanaugh did mention in a recent AFD that while he does not believe any of these warm models, he cannot justify forecasting anything colder than the coldest model at his disposal is showing - but also stated that actual temperatures could very well go even colder than that by quite a bit.
Regarding this heavy rain potential, it might actually bust our freezing precip potential, as heavy precip brings down air from higher in the atmospheric column.... this is normally how we "wet bulb" with heavy precip changing from rain into snow as cold air is brought down to the surface by the precipitation, but in this situation we would actually have warmer air above the freezing layer at the surface, wouldn't we? It depends on how deep the cold air is, but this might start as rain, freeze quickly, put down an ice layer, but then revert to plain rain and melt the ice.
That said, FWD posted this:
THE ENERGY OUT
WEST IS STARTING TO SHOW SIGNS OF CLOSING OFF OVER ARIZONA BY
WEDNESDAY...BUT A LEAD SHORTWAVE WILL LIFT NORTHEAST OVER THE AREA
AND INDUCE ISENTROPIC ASCENT OVER THE SHALLOW ARCTIC AIR BY
WEDNESDAY NIGHT INTO THURSDAY WITH MODELS DIFFERING SOMEWHAT ON
ENVIRONMENTAL PROFILES...PRECIP TYPES...AND OVERALL TEMPERATURES.
SO CONFIDENCE ON THE OVERALL EVOLUTION OF ANY WINTER WEATHER
LATER IN THE WEEK REMAINS LOW...BUT APPEARS SOME CHANCE OF A MIX
WILL BE THERE WITH CHILLY CONDITIONS CONTINUING.
That shortwave on New Years Eve/Day is very concerning. This could be a very dangerous situation with sleep-deprived, drunk partygoers driving home on icy roads after midnight.

I'll likely be delivering pizzas up until midnight too.
