Kind of, basically we live in the era of every IP possible getting some kind of adaptation just out of name recognition (and there’s not a modern Twisted Metal game to justify it so it could easily have been a nostalgia ploy and nothing else) and frankly I don’t think Twisted Metal has the most compelling writing as a video game either so it was a low bar to begin with. Twisted Metal Black has some fun monkey paw ideas but it would be hard to adapt a TV series to just that given that you’d need every contestant to win to see how their wishes go.
So I didn’t have much reason to think it’d do well as a TV show but I think they took the best bits of it and let themselves get creative enough outside of it to make it work for the most part.