As for prices, on PlayStations and Xboxen each individual episode is $5. On PSN there's the option to purchase all five episodes in a $20 season pass, while on Xbox Live you can get Episodes 2-5 in a $15 season pass upgrade. On Steam the asking price for the season is $25, which you can bring down to $22.49 with a pre-purchase. Finally, Telltale's previously said the first episode should hit iOS and Android before the end of the year.
To see the launch trailer in action, move 'em on and head 'em out past the break. Also, that title is not referencing Limp Bizkit - you guys are just the Durst.