The amount taken in intermountain withdrawals from the Colorado is relatively small, and would adding it back in would not make much of a change.
I am amazed how little people know about the widespread nature of the water shortage, it goes well beyond the Colorado. The Snake, Columbia, Platte, and Yellowstone Rivers are all overallocated and have no water to "spare" for pipeline dreams. I don't know how many times I have heard people here and other forums regarding the Southwest advocate for taking water from the Snake and piping it south. Last year the Snake River agricultural users in Idaho ran out of water before the end of the season. These are large farms and big business, as well as family farms. The reservoir system is intensively managed, and are near historically low storage levels, with a less than average snowpack in the mountains. The Snake River at Hells Canyon was running less than 8,000 CFS last summer, which is just a trickle in that big river. This year is looking worse, with less water in storage going in to the irrigation season. There is no quick engineering fix that will fill the Colorado system!