I took the East Road from (Rosarito, north of) Loreto. It was rough but easily enough passable. I think I took a slight wrong turn and had one spot where I needed four wheel drive.
I took the south road out, which is in very good condition. It only took four hours to get to Loreto.
People who took the north road said they had no problems.
We had a great time. We miss the old cantina, but the food is still great.