I have ridden there, but did not experience any night-life (stayed in a friend's house). It is maybe the most gorgeous ski area in the US ???
You will have an awesome time. And riding Telluride helitrax will also be amazing (I have not done that). The terrain around there is amazing. If they take you into Yankee Boy Basin, you will ride near Mt Sneffels. I have climbed it in summer and can just imagine the terrain in winter for riding. I am super jealous, but hope you have a great time.