Yes, the mid-Atlantic region appears headed toward an epic snow storm as “amazing moisture feeds into what is already a gigantic system,” according to the Capital Weather Gang.
But while the anti-science crowd will no doubt tout that as evidence we aren’t warming — just as they did with the “cold snap” in early January — in fact, climate science predicts we will see more extreme precipitation events year-round as warming puts more moisture into the atmosphere (see Was the “Blizzard of 2009″ a “global warming type” of record snowfall — or an opportunity for the media to blow the extreme weather story (again)?).
EDIT
Of course, right now we’re only in a moderate El Nino. In 97-98, we had a monster El Nino. And Spencer doesn’t mention that this record is especially impressive because we’re at “the deepest solar minimum in nearly a century.”
The point is, notwithstanding the all-too-effective disinformation campaign of the anti-science crowd, it’s getting hotter — thanks primarily to human emissions. The satellite record itself clearly shows the long-term warming trend, especially when you remove the stratospheric cooling influences.
EDIT
http://climateprogress.org/2010/02/05/hottest-january-in-uah-satellite-record-roy-spencer-global-warming/