Hi Tigris,
You are correct but it depends on the mud. The right mud on any tyre can block up the low front mudguard. Go west of Toowwomba in Queensland to find the stickiest "blacksoil" in the universe.
I know of a guy from Perth in Western Australia who took a steamer Tiger across the Canning Stock Route about 10 years ago. He is about 5ft 2inches and is clearly insane. He made it but dropped the bike about 50 times and needed help to pick it up - mental.
Anyway, he actually made a 2 brackets to raise the front guard by a few inches. Retained the same guard and look but gave a lot more clearance. he had no trouble from this, but he was in a sand desert after all.
The CSR is a famous cattle droving route from the top left of Australia down to the bottom middle bit.
have a look here:
csr 1
and here:
CSR 2