.. in a real sense at the moment: five inches of snow blocking the Zoji La , and more in Gulmarg. Weather forecast : cloudy , possibly light dustings of snow in the coming days.
UPDATE : re-opened after last snowfall on the 11th. Khardung La and Chang La out.
UPDATE , NOVEMBER 16th : Kashmiri Transport Minister promises in The Tribune to keep the road open yet : “The government has decided to keep the Srinagar-Kargil-Leh highway open till November-end for all types of vehicles”
Minimal snowfall , partly cloudy in the coming days weather forecast.
Source : Tribune
UPDATE : Closed finally on December 4th
high road to.. 
Press Trust of India on Nov 4 2011: “Srinagar-Leh national highway closed due to heavy snowfall”
http://www.ndtv.com/article/india/srinagar-leh-national-highway-closed-due-to-heavy-snowfall-147052&cp