There was a thread for this
here but I am all-for it and I'll reiterate what I said.
Telltale knows what works for an adventure game and what doesn't. Tales of Monkey Island showed us that Telltale could give games a serious side to them, as opposed to the zany side like Sam and Max or Wallace and Gromit.
It would be a real challenge for the folks over at Telltale as Throttle keeps things in a practical spectrum and grounded in reality. There are no giant bees or talking animals or voodoo powers or magics of any kind. I don't consider hover-technology to really be any sort of magic...
A follow up to Throttle would have to have a coherent and believable story that is fleshed in reality. No falling back on any sort of secret powers. Every action would be influenced by human motivation, just as the first game was. Again, maybe not what Telltale was looking for, as a lot of their stories take place in fantasy worlds. But I sure as hell would love to see them try for something as epic as the first game.
If anyone had to have the property, I would trust Full Throttle in Telltale's hands before I would trust anyone else.