The main spillway for Horseshoe Lake was dry as a bone. They were releasing water from a smaller outlet near the water not visible in this pano.
I could imagine it would be pretty impressive to see the water careening off this spillway during a major release. Although if there was a major release, the area would no doubt be closed. Only one road accesses the entire area and is subject to closure during flash floods.
Here's the another shot of the spillway.