TNG already did all that first. The only TNG Borg story that had the Borg as true "monsters" was Q Who?, their intro episode. And that story STILL needed Q and Guinan to be the narrators with the Borg almost as a background element than anything else (Q was in total control of the situation the whole time).
If the Borg were meant to be some 1-D monster that could never be developed into anything more, the TNG writers should've saved themselves the trouble and gotten rid of them all to stop the inevitable humanization that occurred. They should've never been anything more than a one-shot that was permanently destroyed at the end of BOBW.