I really love the idea for what it is. I allways did since I first heard of this idea over at STOnet (still drying my tears for it having vaporized itself now, sniff).
However, I really have my doubts about it being implemented for the following reasons:
First the most obvious - STO is or is not in development, or is it? Or not? A new TV show is definatly not! Not at the moment. Lets say Cryptic has the license or another ominous "Bay Area Developer". It will take them a few years to make a running game, without Perpetuals code.
In the meantime they could talk to CBS and perhaps, who knows, talk them into doing a new series. The trouble I see is this:
CBS then would have to develop a new show together with the new developer. Thats something any sane TV-Network would feel very uneasy about. So many people talking and so many different needs and ideas - the Network, the Producers, the advertising Companies and now also some MMO Developers and their creative staff and Marketing Freaks.
Thes are conditions driving every half sane script author mad.
Then, as a poster before me has allready pointed out: The most important scripts and stories of that new TV-Show would have to be pitched and outlined far far in advance, to make the game tie in possible, as long as the game should not be a year behind.
Thats not the way TV works, I am afraid. For a TV-show you make a very rough story outline. You write the pilot episode and you collect some very rough ideas for further episodes (just a few lines long).
When the pilot aires, the creative team makes usable scripts from the ideas. Some make it to the screen, some are spaired for a possible second season or get totally changed, others are skipped entirely. In this process it is helpfull and vital for the scriptwriters to have as much freedom as possible. One of the major problems of VOY and ENT was the huge load of canon, that restricted the story writers in this freedom. You may agree on the extent or not, but you cant ignore the fact, that creative people simply hate a certain ammount of restrictions.
The only way I see is, that the game would be behind the TV show. At least a year. So, to take an example: Players would defend earth against the Borg at Wolf 359, while this event is past for the TNG charakters allready.
I cant judge though wether this delay would corrupt the tie-in-idea just a little or entirely.