This would be my biggest issue with doing a novelization, they would have to do some many episodes at one time that there wouldn't be enough room to actually add new content to it, and for me that's the main appeal of novelizations.A novelization wouldn't make sense, but not because of anything to do with CBS All Access. It wouldn't make sense for the reasons I've already offered: The show is serialized so you'd have to novelize the whole thing, and that would be hard to do in a format that would allow adding anything substantial to make it worth doing,
The prequels novels are pretty much giving us exactly what I'd want from a novelizations, a more in depth exploration of the characters and their backstories.