I do not think it will effect the mullet to much, it happened on Blackwater a year or so ago, not to this degree though. The main problem now and the near future, is river run off. I drive over Escambia every day, and that water is still moving very fast under it. I can't remember the last time Escambia Bay was somewhat decent in color. The other bad thing is that the ground is still saturated. If we were getting all of this rain in the spring/summer, it would not be as bad because everything would be growing and using a lot of water. Right now, most grasses are dormant, etc. so we have run-off.
If nothing else, it ought to be an interesting year. Already we are at over 10" of rain for January. The big November flounder gigging at Pickens, etc. did not go to well for the giggers, but good for the flounders. Specks, which should have been schooled up in the rivers and deep holes, are scattered all throughout the bays. Even the deer are catching a break from all of this.
Basically, my .02 worth of info. We will just have to wait and see what happens. If nothing else though, around the beginning of April, the rain ought to slack off, because I will be laying sod in the yard then.