This is a great hike with kids...they love the scrambling, it isn't TOO steep or long (only about a mile up and a mile down) and the views are supurb pretty much the entire way up.
Highly recommended. If you want something longer (8 hr or so)...you can hit this AND Ragged Mt on the same day. Not quite a loop...but Ragged Mt. trail cuts off to the right from the Bald Mt. Trailhead.
"After the first glass, you see things as you wish they were. After the second, you see things as they are not. Finally, you see things as they really are, which is the most horrible thing in the world."
--Oscar Wilde on Absinthe