I’d take this over cold and wet any day.
I did the inaugural 3 peaks (before the back of falls was even paved… used to be horrible gravel) over a decade ago.
The weather was so bad they made people sign waivers at Dinner Plain before continuing.
It’ll only ever be Audax (or 7 peaks) for me from now on.
Go up to Bright for a mid-week 4 night stay. Wake up with the dawn. Have a coffee. Pick a climb. Either ride to it from Bright (e.g. Buffalo) or drive to the base (Harrietville for Hotham or Mt Beauty for Falls Creek) and do the climb. Finish mid-to-late morning. Coffee up top. Enjoy the descent. Lunch in Bright followed by a dip in the river and a snooze. Pub for a few drinks and dinner. Wake up next morning, do it again.
You appreciate the mountains so much more mid-week. Barely any traffic, can choose good weather/time… quiet… and much safer.