Huh... Well, this is interesting. Interesting doesn't mean entertaining, but with the writing being what it is now in borderlands, this could pan out pretty well.
How big is telltale? I feel like they've got like 50 projects in the works right now
If they did something more interesting with the online PvP or the raid, I'd be all over it. Borderlands has a great singer-player experience, but re-playability could be higher online.