I didn’t play enough of the Borderlands games to be wildly excited about Borderlands 3. If I compared it to, say, the Elder Scrolls games then it would probably lose. That said, Borderlands stands alone in fond memories of a game that refused to take itself too seriously.
I’ll be playing it when I can.
The good folks over at GameRant have what we know so far covered here: https://gamerant.com/borderlands-3-release-date-villains-class-setting-story/